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Around $400 billion in merchandise was returned in 2017, up 70% from two years ago. When you consider returned merchandise costs retailers 20 to 65% of the cost of goods sold, it’s clear retailers are in serious need of new…
B-Stock is pleased to announce that Sean Cleland and Seth Blaustein have been named 2018 “Pros to Know” by Supply & Demand Chain Executive magazine. The Pros to Know Awards recognize leading supply chain executives that are leading initiatives and…
With trade show season in full swing, B-Stock is headed to sunny Phoenix for RILA’s (Retail Leaders Industry Association) annual Retail Supply Chain Conference. This year’s show is focused on Reinventing the Retail Supply Chain: Accelerating What’s Possible (something we’re…
Sales of major appliances generated almost $190 billion in 2016. Many of these appliances—washers, dryers, refrigerators, microwaves—were returned due to a single dent or scratch, but otherwise in “Like New” condition. Luckily, there’s a large customer base interested in a…
Family Owned Business Gets Higher Return Rates Kingdom Supply, a family-owned wholesale company specializing in wireless and consumer electronics accessories, was looking for an online auction sales channel specifically designed for business-to-business transactions. After a lackluster experience and low recovery…
One of the world’s largest online destinations for home furnishings and décor was experiencing a higher volume of customer returns and other excess inventory due to explosive growth in sales. The inventory – consisting mostly of truckload-size quantities of home…
It’s officially trade show season. Next up: the 15th annual RLA Conference & Expo in Las Vegas from February 6-8. This year’s show is focused on The Circular Economy (something we’re proud to support with our web-based liquidation solution) and…