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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.
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…