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.
Resale is a hot and growing retail trend being driven by millennials and Gen Z consumers who like the value and sustainability of buying used goods.
Since 2017, there has been a 700 percent increase in the number of buyers bidding on listings including luxury brands, according B-Stock Supply. The company is an online auction marketplace for retailers like Macy’s, Zulily and Nordstrom to sell returned and excess merchandise directly to small-business buyers and resellers, including Poshmark.
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…