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After a rough few years marked by frantic digital disruption, many traditional retailers are finally getting a handle on omnichannel selling. But as total online sales hit an estimated $138.5 billion this holiday season, up by 13.5% from last year, retailers taking a slice of that pie must contend with a hefty returns tab.
The ensuing process — dubbed reverse logistics — creates a significant burden for retailers that must find cost-effective and efficient ways to manage the surge of returned products being pushed back into the supply chain.
In the age of Amazon domination, things have been rough for brick-and-mortar brands. Many have fallen into bankruptcy because they couldn’t keep up with digital behemoths. Yet some brands have risen above the digital disruption to create a brick-and-mortar brand…
The post-holiday season is a big deal for liquidations auctions because retailers are offloading all of those wonderful gifts that people have returned. Often there’s nothing wrong with this merchandise other than it was purchased for someone who didn’t want…
As any experienced buyer will tell you, when purchasing clearance merchandise to resell you must consider shipping costs. For financial reselling success, you must factor it into your budget. You don’t want shipping to unexpectedly eat up potential profits before…