This website uses cookies to improve your experience. By viewing our content, you are accepting the use of cookies. To find out more and change your cookie settings, please view our Privacy Policy.
Most Americans (77%) said they expect to return at least some of the gifts they received during the holiday season, according to data from B-Stock Sourcing, an online liquidation marketplace. Roughly $90 billion worth of merchandise will be coming back to retailers (though most of that does not end up back on the shelves of the stores that sold the items in the first place).
“After they hit the return counter, where do the unwanted gifts from retailers like Amazon, Walmart, Target, Costco, Home Depot, Nordstrom, and Macy‘s end up?” the report said. “Believe it or not, less than 10% of returns actually go back on primary shelves.”
As the demand for circular business models continues to grow, more retailers and brands are leveraging technology to transform traditional resale practices and drive a more sustainable future. Get exclusive data, analysis, and best practices to navigate the current B2B…
B-Stock connects global buyers with top retailers’ excess and returned inventory. Whether you’re interested in cross-border shopping via North America, South America, Europe, Africa, or Asia, we can help. International buyers can participate on the B-Stock marketplace through freight forwarding…