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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.
Managing returned inventory across multiple locations is no small task. For JCPenney, a fragmented process, inconsistent recovery rates, and limited buyer competition made it difficult to maximize the value of returned merchandise. By partnering with B-Stock, JCPenney centralized its B2B…
Back-to-school season is here! For resellers, it’s one of the best times of year to move inventory, attract new buyers, and position your business as a smart way to save on popular products. This year, budget-conscious shoppers are getting their…