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Following the biggest shopping season of the year, January means an influx of returns for retailers of all kinds. To put the scope of this into perspective: sources predicted a 50% spike in the volume of parcels being returned during Take-Back Tuesday, the first working day of 2017. Howard Rosenberg, CEO of B-Stock Solutions, gives his top tips for making sure you don’t fall into a returns rut this January, but rather, find further value in your excess stock, particularly the stock that can’t go back on store shelves and is slated for liquidation.
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…