In an effort to drive customer loyalty, retailers are stepping up their game when it comes to the ease of returning items: special ‘returns’ entrances, pop up kiosks at the mall for items purchased online, year-long deadlines, third-party apps, and label-free returns are among the options. But a happy return for the customer is a logistical nightmare for the retailer, and one that’s costing trillions of dollars in efficiency: worldwide, the value of retail returns amounts to well over $2 trillion.

Read Xplorex It article >>

Join the largest global network of B2B liquidation marketplace

Request Demo

More from the B-Stock Blog

How to Free Up Warehouse Space from Bulky Home Goods Inventory

For retailers, warehouse space is at a premium. Every precious square foot can be used to house goods that will make you money or store out of season or customer returned inventory. Smart sellers understand that warehouse inventory that isn’t…

May 10 2021 · 5 min read

21 Resale Business Tips You Should Know

Owning a small business is no easy feat! And if you’ve made it this far, that’s something to celebrate. According to Investopedia, approximately 20% of new businesses fail during their first two years. If you’ve just recently joined the resale…

May 07 2021 · 9 min read

Best Consumer Electronics to Resell for Profit

So you’re thinking about reselling and want to explore the consumer electronics category—that’s a good place to start! The demand is high for this inventory as it is part of most of our everyday lives. And the supply is definitely…

May 04 2021 · 6 min read

Like what you see?

Subscribe to our newsletter to get the latest news from B-Stock.