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It’s not just your family: Returning presents has become a holiday tradition in the United States. This year, $100 billion worth of product is expected to be returned between Thanksgiving and New Year, up by $6 billion from last year. Companies are competing to make it easy to send these gifts back through policies such as free return shipping, in-store returns, and instant refunds.
But returning product comes at a staggering environmental cost. There’s an enormous carbon footprint associated with sending products back and forth across the globe.
Read the full Fast Company article here>>
This recognition honors individuals whose achievements guide supply chain strategies for competitive advantage SAN MATEO, CA—March 17, 2025 — B-Stock, the leading B2B recommerce platform and system of record for all resale, is pleased to announce that Joe Dube, Director…
According to recent data from the National Retail Federation (NRF), 2024 saw a record-breaking $890 billion worth of merchandise returned to retailers. As the leading B2B recommerce platform, B-Stock also saw a record-setting number of buyers, bidders, and listings on…
With a projected annual return rate of 16.9%, 2024 saw a staggering all-time high of $890 billion worth of merchandise returned to retailers. While a natural byproduct of retail, this merchandise places immense pressure and additional costs on retailers and…