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The iPhone X didn’t just set a new record for iPhone pricing, it’s also reportedly doing the same for how well it holds its resale value. Liquidation specialist B-Stock says that high demand is seeing used models sell for an average of 85% of the original price …
Even bulk purchasers, such as companies buying returns from retailers, are paying around 75% of retail. B-Stock says that this is a substantially higher percentage than previous iPhone models sold at the same time in the product life-cycle.
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…
In honor of Earth Day, explore how recommerce is transforming the retail landscape by driving sustainability and the circular economy. As the world’s largest B2B recommerce platform, B-Stock enables retailers and brands to redefine sustainability by giving new life to…
When returned and unsold goods tie up working capital and force write-downs, they quietly erode margins, delay cash conversion, and impact financial performance every single day. Discover how finance teams are turning to technology-driven B2B resale platforms to: Improve recovery…