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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.
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…