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.
The holiday season is finally behind us, with U.S. shoppers spending billions of dollars on holiday gifts this season. As in past years, along with holiday gifting comes holiday returns. According to B-Stock Solutions, shoppers were expected to return up to $95 billion worth of holiday purchases, a projected jump of 15 to 20 percent over last year. One survey found that 77 percent of consumers said they plan to return a portion of their gifts, with nearly 20 percent expecting to return more than half of them.
Within the last few months, Big Lots, Channel Control Merchants, and American Freight have each announced bankruptcy. The immediate future looks different for each of these organizations, and while these developments were somewhat expected to those in the know, they’re…
Apple released four new iPhone 16 models in September 2024. While the announcement, hype, and release happened just as consumers and players in the mobile industry have come to expect, what happened next in the secondary market was something of…