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Price and item availability are among consumers’ biggest concerns this holiday, with inflation surging past 6% and supply chain bottlenecks leaving some shelves bare. To compensate, an increasing number of people are considering gifting used items, particularly those that have been refurbished by manufacturers.
Unlike other used options, refurbished items are often returned to the original manufacturer for testing and repair before being sold again, giving consumers more confidence that what they’re buying is legitimate. Many electronics brands and retailers, such as Apple, Best Buy and Newegg, offer refurbished merchandise, as does home furnishing retailer Ikea, which is facing a supply shortage that will likely last through the middle of next year.
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…