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According to the world’s largest online B2B platform for returned and excess consumer items, B-Stock Solutions, the secondhand apparel market is growing 21 times faster than the primary market, making secondhand gifts a likely trend this Christmas season. Known to be one of the most wasteful festive seasons of the year, these stats give us a positive outlook for a trend towards greener Christmases ahead.
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,…
This well-known athletic retailer had large volumes of aged overstock held at various distribution centers (DCs) around the country. A small group of jobbers purchased the inventory on informal terms, managed by each DC, leading to inconsistent processes and outcomes…