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.
B-Stock, a business-to-business marketplace, announced on Tuesday that private equity firm Spectrum Equity has invested $65 million to help drive expansion. Additional financial terms were not disclosed.
E-commerce is driving a lot of retail growth, but it’s also helping upend the supply chain, the result of intense fulfillment demand and growing returns. The value of retail returns last year rose 53% from 2015 to $400 billion and the growth of e-commerce is stoking that, according to B-Stock’s research. Returns of brick-and-mortar purchases tend to hover at 8%, while e-commerce returns can reach as high as 15% to 30%, according to CBRE, which reports that likely value of online returns during the 2017 holiday season was $32 billion, up from 2016’s estimated $28 billion.
What is it that separates top consumer goods brands and retailers from the rest of the pack? Having well-designed, thoroughly tested products is one obvious answer. And there’s definitely something to be said for a helpful and efficient shopping experience,…
Are you looking for a cost-effective solution for buying or selling furniture? Furniture pallets might just be the answer you’ve been searching for. Whether you’re a business looking to purchase furniture in bulk or start selling furniture pallets of your…