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The rate of customer returns for goods bought online is swelling to a worrisome level as more consumers switch from physical stores to online. The cost to online retailers is substantial. According to research firm Statista, in 2017 total U.S. return deliveries cost merchants (online and brick-and-mortar) $381 billion and the total is expected to reach $550 billion by 2020.
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Each year, B-Stock facilitates the movement of billions of dollars worth of returned and overstock inventory via the world’s largest B2B recommerce marketplace. This means, of course, that we sit in the middle of a two-sided network madue up of…