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Next time you feel you’re moldering in your office chair, consider that it may secretly have a glamorous history.
Since well before the Rio Olympics began, an Australian company has been lining up second homes for the 135,000 chairs, 350 portable massage beds, 900 bar stools, 20,000 beds, 102,000 electrical items, 600 small safes—even the 2,500 stainless steel trash cans—that experienced brief moments of glory (or infamy) in the athletes’ village and venues.
For finance leaders at large retailers and brands, excess and returned inventory can pose a significant drag on working capital and margin performance. With returns projected to cost U.S. retailers $850 billion annually—roughly 17% of total sales—and processing costs ranging…
San Mateo, CA and Chicago, IL, Feb. 11, 2026 (GLOBE NEWSWIRE) — New data from both Circana and B-Stock reveals the age of smartphones traded-in reached an all-time high during the 2025 upgrade cycle, with most devices being three generations…