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When it comes to the holidays, there’s nothing more stressful than gift shopping (with the possible exception of meeting Christmas delivery deadlines). There’s always the risk that whatever you picked out will end up being returned or exchanged.
Whether you’re looking for the perfect gift for someone special or just shopping for your office Secret Santa, we’ll help you sort out those presents that are more likely to be returned.
The Numbers
According to data compiled by B-Stock, a company that deals in liquidizing the excess inventory of major retailers, the rate of returns doubles during the holiday season. In fact, one in three people will return a gift they’ve been given and close to $70 billion in merchandise will be returned to retailers this year.
What makes recommerce such a big opportunity in retail today? It’s a quickly changing scene! Seasonal clear-outs and the mass unloading of excess inventory are no longer the only uses for liquidation and resale. Rather, astute manufacturers, retailers, and business…
B-Stock’s internship program launched in 2021, and since then, we’ve had the pleasure of welcoming and working with over 30 interns! From Finance and Product to Engineering and Marketing, our interns have left their mark across all of B-Stock and…