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When you return stuff to a store or in particular to an online store, generally it doesn’t end up back on the shelf. It ends up part of a collection of other returned items, which are sold at a discount to retailers specializing in closeouts. If you’re a businessperson who needs a truckload of baby stuff or watches, this may be your chance.
The site is sort of like eBay for truckloads of stuff, and other retailers use the same company, B-stock Solutions, to get rid of their random lots of inventory. The founder of the company actually calls this business “re-commerce.”
More from the B-Stock Blog
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Holiday Returns: By the Numbers
After weeks (or in some cases, months!) of holiday shopping, most consumers are getting ready to kick back and relax with an eggnog in hand and open their gifts. Sounds merry, right? Unfortunately, retailers still have a good chunk of…
2024 Holiday Returns: Managing the Post-Sales Surge
Black Friday and Cyber Monday 2024 have shattered records yet again. By the end of Black Friday, $10.2 billion was spent online (a 16% increase), while Cyber Monday sales surged to $11.5 billion, making it the biggest online shopping day…
