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With so many mall closures (and revitalizations!) and with the increase of online sales, no one is predicting the rebirth of the great American mall. Let’s face it, it won’t be long before the phrase, “Going to the mall” will mean putting on a pair of virtual reality goggles and stepping into a virtual mall. In the meantime, B-Stock is operating its own worldwide virtual mall geared specifically for business-to-business transactions.
We’ve spent the last 10 years building a virtual secondary market mall filled with returned, excess and other liquidation inventory from nine out of the top 10 U.S. retailers (along with hundreds of SMB retailers). Through this secondary marketplace, major retailers can sell products—across all categories, conditions and quantities—directly to certified business buyers via a competitive online auction platform. This type of sales channel is beneficial for a few reasons, including:
But don’t take our word for it, check out some of our client success stories:
According to recent data from the National Retail Federation (NRF), 2024 saw a record-breaking $890 billion worth of merchandise returned to retailers. As the leading B2B recommerce platform, B-Stock also saw a record-setting number of buyers, bidders, and listings on…
With a projected annual return rate of 16.9%, 2024 saw a staggering all-time high of $890 billion worth of merchandise returned to retailers. While a natural byproduct of retail, this merchandise places immense pressure and additional costs on retailers and…