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Many online merchants take advantage of secondary markets where they can acquire overstock, returned, or refurbished inventory to sell on marketplaces like eBay and Amazon. But the recent hoverboard scare raises important issues about product safety and seller liability.
As we reported on Monday, Amazon has restricted the sale of hoverboards, while Overstock has banned them outright on its marketplace.
More from the B-Stock Blog
How Jim Rowe Filled a Shopping Desert—With Costco Returns
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Case Study: How an Athletic Retailer Standardized Its Disposition Program for Aged Inventory, Boosting Pricing and Efficiency
This well-known athletic retailer had large volumes of aged overstock held at various distribution centers (DCs) around the country. A small group of jobbers purchased the inventory on informal terms, managed by each DC, leading to inconsistent processes and outcomes…
