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Apparel valued at over £1 billion was returned to British retailers in 2013, topping all other retail categories, according to Statista. The vast majority of returned merchandise cannot go back on store shelves, meaning that many retailers are left with billions of pounds’ worth of excess product in the stockroom. But as the saying goes, one man’s rags is another man’s riches, and for independent lingerie retailers, there has never been a better time to source returned merchandise via the secondary market.
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…