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With each year and each holiday shopping season that passes, global retail ecommerce sales attain a new record. According to forecasts released in February 2019 by Statista, ecommerce sales in the United States have grown from about $468 billion in 2017…
The holiday shopping season is over, which means it’s time to prepare for another annual ritual that doesn’t get as much attention: returns season. Total holiday returns this year could reach $90 to $95 billion, according to projections from B-Stock…
Most Americans (77%) said they expect to return at least some of the gifts they received during the holiday season, according to data from B-Stock Sourcing, an online liquidation marketplace. Roughly $90 billion worth of merchandise will be coming back…
Returns are an inevitable part of holiday shopping, and this year, shoppers are forecasted to bring back a whopping $90 billion to $95 billion worth of goods that were purchased during the holidays. The increase marks a predicted 15 percent to 20…
According to a report from marketplace platform B-Stock, 77 percent of consumers expect to return a portion of their gifts this season, meaning that the indulgence in holiday spending (Adobe Analytics reported $115.5 billion spent this holiday shopping season, in…
E-commerce sellers, or e-tailers, have transformed the way we shop, undermining brick-and-mortar retailers with a promise of convenience and efficiency. But one aspect of their business model has swung so far to maximize consumer convenience that it’s created something of…
The apparel manufacturer and marketer this week launched Hanes Closeouts as a liquidation marketplace for such brands as Champion, Bali and Maidenform. The Hanes Closeouts marketplace, on which buyers must bid for goods, is the official liquidation channel of the company’s Hanes,…
As the amount of online spending continues to grow, there is a subsequent spike in e-Commerce returns, resulting in more excess stock than ever before. Upwards of 30% of online purchases are returns and close to 20% of consumers purchase…
From plastic packaging to glitter-covered cards and even the tree, Christmas isn’t an eco-friendly affair. But consumers are starting to rethink this – and so are retailers. The second-hand apparel market is growing 21-times faster than the primary market according to…
The second-hand apparel market is growing 21 times faster than the primary market according to B-Stock, the world’s largest online B2B platform for returned and excess apparel.Driving the trend is the rise in online resale and consignment marketplaces as well as young consumers looking…