Author: Melissa Gieringer

A B2B liquidation portal provider gets $65 million

B-Stock Solutions is reaping in the benefits of a strong market for excess merchandise liquidated online. The Belmont, Calif.-based company recently received $65 million in funds from investment firm Spectrum Equity, bringing its total funding from investors to $73.2 million, B-Stock says. B-Stock develops and hosts liquidation marketplaces for retailers and manufacturers, including such names as …

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Posted in: In The News

B-Stock Solutions Named to Supply & Demand Chain Executive’s SDCE 100 List for Fourth Consecutive Year

Redwood City, CA, July 3, 2018 – B-Stock, the world’s leading auction platform for returned, excess, and other liquidation inventory, has been named to the “Supply & Demand Chain Executive 100” list for a fourth year in a row. The recognition highlights 100 supply chain projects between clients and solution providers that have resulted in …

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Posted in: Press Room

Cashing In On Returns: Marketplaces Reinvent Inventory Liquidation

The rise of eCommerce, and the fierce competition it has produced among merchants, has led to return policies that are liberal, inexpensive and nearly hassle-free for consumers. Those unwanted products, in turn, can create headaches for retailers — and a business opportunity for the so-called secondary market. The evolution of that business was among the …

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Posted in: In The News

27% of apparel sales are now online

The value of retail returns last year rose 53% from 2015 to $400 billion, and the growth of e-commerce is stoking that, according to returns and overstock supply company B Stock. Returns of brick-and-mortar purchases tend to hover at 8%, while e-commerce returns can reach as high as 15% to 30%, according to CBRE, which says that …

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Posted in: In The News

Retail returns: a trillion dollar headache that technology and data analytics can solve

In an effort to drive customer loyalty, retailers are stepping up their game when it comes to the ease of returning items: special ‘returns’ entrances, pop up kiosks at the mall for items purchased online, year-long deadlines, third-party apps, and label-free returns are among the options. But a happy return for the customer is a …

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Posted in: In The News

Pro Rata

Private Equity Deals • Comcast reportedly is speaking with private equity firms about participating in an improved offer for the entertainment 21st Century Fox, whose deal with Disney yesterday received anti-trust approval. http://axios.link/2YFn • Athene (NYSE: ATH), a life insurer backed by Apollo Global Management, is in talks to buy all or part of General Electric’s (NYSE: GE) long-term care insurance business, per the FT. http://axios.link/f1FC …

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Posted in: In The News

The Funded: 16 midweek deals in Bay Area raise over $1 billion, led by Lyft megafunding

Here’s more on those and other midweek venture deals in the Bay Area: Funding: • Silver Peak Systems Inc., Santa Clara, $90 million: Technology Crossover Ventures made this late stage investment in this 14-year-old provider of software-defined networking technology. (Read more here.) • B-Stock Solutions Inc., Belmont, $65 million: Spectrum Equity provided a private-equity round of funding for this online auction …

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Posted in: In The News

B-Stock Receives $65 Million Growth Investment from Spectrum Equity

It’s a big day for all of us at B-Stock. This morning we announced our $65 million investment from Spectrum Equity, a leading growth equity firm. The investment reinforces B-Stock’s 10-year history of profitable growth and will enable us to accelerate our efforts to transform how retailers approach returned, excess, and other liquidation inventory. This …

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Posted in: Our Blog

Liquidation startup B-Stock snags $65M investment

B-Stock, a business-to-business marketplace, announced on Tuesday that private equity firm Spectrum Equity has invested $65 million to help drive expansion. Additional financial terms were not disclosed. E-commerce is driving a lot of retail growth, but it’s also helping upend the supply chain, the result of intense fulfillment demand and growing returns. The value of …

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Posted in: In The News

Term Sheet — Tuesday, June 26

Good morning, Term Sheet readers. VENTURE DEALS • B-Stock Solutions, a Belmont-based online auction platform for returned, excess and other liquidation inventory, raised $65 million. Investors include Spectrum Equity.Read full Fortune.com article >>

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Posted in: In The News