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 to about $550 billion in 2019, and will grow to more than $740 billion in 2023.

In Retailers Brace for Returns This Holiday Season, published by eMarketer on December 12, 2018, the author states: “According to data from B-Stock Solutions, a liquidation platform founded in 2008 by the team that built eBay’s private marketplace business, around 11% to 13% of holiday purchases are returned with closer to 30% of online purchases being sent back. By their estimates, between $90 billion to $95 billion in holiday gifts will be returned this year.” Before you get tempted to think that is a temporary blip, B-Stock Solutions estimates that “77% of shoppers are anticipating returning some of their gifts this season [2019], and nearly 20% expect to return more than half. In total, that will equate to more than $90 billion in returns this holiday season.”

> (opens in a new tab)”>Read full FreightWaves article >>

Join the largest global network of B2B liquidation marketplace

Request Demo

More from the B-Stock Blog

Excess Inventory: The Losers And Wieners

Top Dog is an institution in Berkeley, Calif. serving gourmet sausages on toasted French rolls to legions of Cal students and Bay Area locals for over 50 years. My friends and I were regulars back in college, so when I…

Aug 13 2020 · 1 min read

B-Stock Europe Presents: Currys PC World Auctions

B-Stock is pleased to announce the launch today of Currys PC World Auctions,  an official liquidation channel of Dixons Carphone. What is Currys PC World Auctions? This B2B marketplace will give qualified European business buyers direct access to bulk quantities…

Aug 11 2020 · 1 min read

Introducing the B-Stock Minute

Wish you could keep up with the latest secondary market trends but don’t have time to sit through a 30-minute webinar? We figured. Introducing the B-Stock Minute, a video series dedicated to updating you on the most recent trends that…

Aug 11 2020 · 2 min read

Like what you see?

Subscribe to our newsletter to get the latest news from B-Stock.