For UK retailers, the 2016 holiday period was a let-down to say the least: overall sales volumes for December dropped 2 per cent while some of the largest high street retail giants including Next, Debenhams, M&S and Primark reported lower-than-expected-profits. On top of this, January brought with it an influx of returns: relaxed customer return …
Read MoreSupply & Demand Chain Executive, the executive’s user manual for successful supply and demand chain transformation, is pleased to announce the 17th annual listing of Pros to Know in the supply chain industry. The annual award recognizes Provider Pros and Practitioner Pros, including teams. The Provider Pros to Know is a listing of individuals from a software firm …
Read MoreWelcome to retail returns season: the first few months of the year when ugly sweaters, problematic consumer electronics, noisy toys and ill-fitting shoes make their way back to retailers or manufacturers with few or no questions asked. This season in particular brought higher return rates due to record-breaking online spending (e-commerce return rates are double …
Read MoreAs virtual shopping bags replace physical ones, it’s important for retailers to update their policies and logistics strategies to align with consumer behavior and expectations. This is particularly the case when deciding how to handle apparel returns, which boast one of the highest return rates: one in three purchases are sent back. This trend, and …
Read MoreB-Stock Solutions, a technology-enabled service provider powering the largest network of B2B liquidation marketplaces for Fortune 1000 organizations, is pleased to announce the launch of Global Resale’s official B2B liquidation marketplace: Global Resale Liquidation Auctions. This online auction marketplace will give business buyers around the globe direct access to bulk quantities of previously used and …
Read MoreThis week B-Stock will be at RILA’s annual Retail Supply Chain Conference. The show, put on by the Retail Industry Leaders Association, connects people and businesses within the retail supply industry, enabling evolution and innovation. This year is especially exciting, as our own Eric Moriarty will be speaking on a panel: New Frontiers in Reverse …
Read MoreWe are pleased to announce the launch of Global Resale’s B2B liquidation marketplace on B-Stock Sourcing. Global Resale Liquidation Auctions will give buyers access to bulk quantities of previously traded-in, tested and data-wiped technology devices including: cell phones, laptops, desktops, tablets, data center equipment and electronics parts. All the devices have undergone a meticulous testing …
Read MoreConvenience is often cited as the top reason why shoppers head online rather than in store. But for retailers, this shift results in a few inconvenient truths. First, the shift has resulted in plummeting same-store sales in brick-and-mortar locations. Second, these online transactions all too often become a two-way street. The National Retail Federation says …
Read MoreEvery company has liquidation inventory: returned, excess, obsolete or damaged merchandise that can’t go back on store shelves. Though most organizations would rather not admit they have a need for it, liquidation is the rule – not the exception – in retail. Given how competitive retailing is today, the ability to squeeze margin out of …
Read MoreFollowing the biggest shopping season of the year, January means an influx of returns for retailers of all kinds. To put the scope of this into perspective: sources predicted a 50% spike in the volume of parcels being returned during Take-Back Tuesday, the first working day of 2017. Howard Rosenberg, CEO of B-Stock Solutions, gives …
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