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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 Solutions, a company that helps major retailers auction off returned merchandise to other businesses. The most frequently returned items post-holidays are “trendy” women’s clothing, toys, specialty kitchen items, and tools, a B-Stock Solutions spokeswoman told MarketWatch.
Some of the world’s largest wireless OEMs, carriers, and trade-in companies leverage B-Stock’s B2B marketplace to maximize their profits on trade-in mobile devices and accessories. Get insight into secondary market trends to fetch the highest prices for your devices.
Every April, Earth Month serves as a reminder that sustainability isn’t a trend: it’s an imperative. For retailers and brands managing the constant flow of returned, excess, and pre-owned inventory, the question is no longer whether to embrace sustainable practices,…
The numbers are hard to ignore. According to the National Retail Federation, retailers expect ~16% of annual sales to be returned, roughly $850 billion in merchandise. According to McKinsey & Company, it’s forced retailers to spend an estimated $200 billion…