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Howard Rosenberg takes a moment to sift through the inventory of America’s rejects. It’s mid-December and the holiday shopping spree is at a fevered pitch, but inside this 120,000-square-foot warehouse on the outskirts of Phoenix, a hodge-podge collection of returned items sits in rows of boxes stacked 10 feet tall. Twenty-eight-pound bags of dog food, brownie mix, toys and weighted blankets are lined up alongside vacuums, sporting goods and patio furniture.
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…