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.
-
Category
-
Marketplaces
Popular Marketplaces
New Marketplaces
-
Last year, Britons spent 110 billion pounds on stuff online: a 46% jump from 2019. After all, it’s easy, you push the ‘buy now’ button and wait for the goods to be delivered to you. While most purchases hit the mark, some returns are inevitable. But what happens to all of those purchases after you send them back?
Just in the first three months of this year nearly six million items, worth an estimated 2.5 billion pounds, were returned. In many cases, retailers take those returns and resell them to businesses looking to get their hands on returned goods. And it’s a booming business. B-Stock’s Head of EMEA, Giorgio Vitale, and B-Stock buyer, Neil Barker, explain in this BBC Radio interview.
More from the B-Stock Blog
Recommerce: Earth Day Sustainability Infographic
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…
Recommerce: Driving Sustainability and the Circular Economy Forward
As the world’s largest B2B recommerce platform, B-Stock empowers retailers, brands, and OEMs to redefine sustainability by transforming returned, excess, and pre-owned inventory into opportunities for environmental and economic impact. This Earth Day, we explore how recommerce serves as a…
