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.
Welcome to the retail returns season — the much less popular sibling of the holiday retail sales. Every year roughly $260 billion worth of stuff bought at retail is returned, 25 percent of which is returned after Christmas, according to industry estimates — everything from ugly sweaters and ill-fitting pants to that thoughtless hot plate and pingpong table that just won’t fit in the basement.
Total annual returns equal 7 percent of everything sold in the US in a year, not counting autos and car parts.
“The return season is in full swing,” said Eric Moriarty, vice president of B-Stock Solutions, which operates an auction Web site that connects retailers like Walmart, Costco and Amazon with resellers.
What is it that separates top consumer goods brands and retailers from the rest of the pack? Having well-designed, thoroughly tested products is one obvious answer. And there’s definitely something to be said for a helpful and efficient shopping experience,…
Are you looking for a cost-effective solution for buying or selling furniture? Furniture pallets might just be the answer you’ve been searching for. Whether you’re a business looking to purchase furniture in bulk or start selling furniture pallets of your…