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Given the massive and in many cases seismic shifts in the retail landscape because of the coronavirus pandemic, it shouldn’t come as much of a surprise that retail’s shadow side of B2B overstock sales and liquidation is also rapidly shifting.
Demand for things that are often common and easy to find in large resale lots for inexpensive prices — home goods and appliances in particular — has skyrocketed.
‘We’re seeing some really interesting dynamics happening with shifting supply and demand,” Howard Rosenberg, CEO of B-Stock, a liquidation platform, told Karen Webster in a recent conversation.
Today’s consumer purchases happen more rapidly than ever, making returns an unavoidable aspect of the shopping experience. Every year, billions of dollars worth of returned goods make their way back to retailers, often resulting in excess inventory. Many of these…