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.
-
Region
-
Category
-
Marketplaces
Popular Marketplaces
New Marketplaces
-
Holiday shopping may be a distant memory, but consumers are still busy. Return season started earlier than ever this year and is just hitting its stride.
Consumers spent more than $850 billion this holiday season — the strongest year in six years — according to Mastercard, but 13% of purchases (or $90 billion worth) will be returned, according to liquidation company B-Stock. And for the first time since United Parcel Service started tracking returns, the shipping company saw a surge in returns before Christmas: UPS expected a record 1.5 million returns on Dec. 19, and anticipated another 1.3 million on Jan. 3 (in addition to another million every day of December).
More from the B-Stock Blog
How B-Stock Builds Buyer Demand to Drive Success for Its Sellers
Each year, B-Stock facilitates the movement of billions of dollars worth of returned and overstock inventory via the world’s largest B2B recommerce marketplace. This means, of course, that we sit in the middle of a two-sided network madue up of…
