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Retailers are failing to adequately review the efficiency of their reverse supply chains, particularly when it comes to the quick and effective disposal of returned, excess and unwanted stock, claims retail expert Howard Rosenberg, CEO of B-Stock Solutions.
New research has revealed that, despite frequent and significant investment, only three per cent of retailers in the UK have succeeded in making a profit while fulfilling omnichannel demand.[1] Additionally, just 10 per cent of retailers globally said they were able to achieve profits alongside omnichannel fulfilment, whilst a study by Deloitte[2]has revealed that retail profits are due to fall by around 5 per cent this year.
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,…