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Globally there is a huge demand to change the way we interact with and treat the world, particularly since news broke in 2018 that we have only 12 years to limit catastrophic climate change.
The retail industry can be particularly wasteful: returns and excess inventory exceeds $1.2tn globally. Products that have been damaged or are no longer fashionable are notoriously hard to resell, and retailers are often forced to dispose of them.
For finance leaders at large retailers and brands, excess and returned inventory can pose a significant drag on working capital and margin performance. With returns projected to cost U.S. retailers $850 billion annually—roughly 17% of total sales—and processing costs ranging…
San Mateo, CA and Chicago, IL, Feb. 11, 2026 (GLOBE NEWSWIRE) — New data from both Circana and B-Stock reveals the age of smartphones traded-in reached an all-time high during the 2025 upgrade cycle, with most devices being three generations…