This website uses cookies to improve your experience. By viewing our content, you are accepting the use of cookies. To find out more and change your cookie settings, please view our Privacy Policy.
Scott Fitzgerald noticed a trend in the way major retail stores handled their excess product and decided to take advantage.
Fitzgerald recently founded The Curb, a Tempe-based business that purchases returned or exchanged merchandise from big-box retailers and then resells them for a fraction of the price.
“During the 23 years, I saw how returns were an increasing problem in retail,” Fitzgerald said. “It’s too much work and labor for them to process the return.”
The numbers are hard to ignore. According to the National Retail Federation, retailers expect ~16% of annual sales to be returned, roughly $850 billion in merchandise. According to McKinsey & Company, it’s forced retailers to spend an estimated $200 billion…
In honor of Earth Day, explore how recommerce is transforming the retail landscape by driving sustainability and the circular economy. As the world’s largest B2B recommerce platform, B-Stock enables retailers and brands to redefine sustainability by giving new life to…
When returned and unsold goods tie up working capital and force write-downs, they quietly erode margins, delay cash conversion, and impact financial performance every single day. Discover how finance teams are turning to technology-driven B2B resale platforms to: Improve recovery…