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.
By the end of 2017 the value of retail returns will be the equivalent to total online sales: around $440 billion. These skyrocketing return rates are due primarily to the growth of ecommerce and buyer expectations of no-hassle, cross-channel return policies. What’s more, the majority of the merchandise doesn’t go back on store or virtual shelves and ends up sitting in a warehouse, taking up space, costing money and depreciating in value until someone decides to do something about it. Typically this would involve selling truckloads of it to a single liquidator at a rock-bottom price. This is a major problem for companies, many of which are fighting for survival in an increasingly competitive and volatile retail environment.
Back-to-school season is here! For resellers, it’s one of the best times of year to move inventory, attract new buyers, and position your business as a smart way to save on popular products. This year, budget-conscious shoppers are getting their…
Sustained inflation has compressed consumer spending across categories, resulting in softened sell-through rates and climbing aged inventory ratios. For retailers, brands, and manufacturers, the downstream effects are distinct, but the core problem is the same: the excess inventory is there,…