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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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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,…
