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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.
Managing returned inventory across multiple locations is no small task. For JCPenney, a fragmented process, inconsistent recovery rates, and limited buyer competition made it difficult to maximize the value of returned merchandise. By partnering with B-Stock, JCPenney centralized its B2B…
Back-to-school season is here! For resellers, it’s one of the best times of year to move inventory, attract new buyers, and position your business as a smart way to save on popular products. This year, budget-conscious shoppers are getting their…