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Organisations and industries are facing increasing pressure to reduce their environmental impact. Apparel retailers in particular are feeling the scrutiny as they currently send around £140 million worth of wearable clothes to UK landfills each year, according to Clothes Aid. What’s more, consumers are likely to spend more money with their favourite retailers if those retailers have an environmentally conscious way of dealing with returned and excess stock.
And now, faced with an ever-increasing influx of excess and returned stock, retailers are under ever more pressure to find an economical and sustainable channel for the goods. By doing so, retailers will be able to preserve their brand image, recoup losses on excess stock and help to protect the planet.
What makes recommerce such a big opportunity in retail today? It’s a quickly changing scene! Seasonal clear-outs and the mass unloading of excess inventory are no longer the only uses for liquidation and resale. Rather, astute manufacturers, retailers, and business…
B-Stock’s internship program launched in 2021, and since then, we’ve had the pleasure of welcoming and working with over 30 interns! From Finance and Product to Engineering and Marketing, our interns have left their mark across all of B-Stock and…