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Coined ‘Take Back Tuesday’, the third of January 2017 was officially the busiest day for online postal returns following the Christmas period. To put it in perspective: post-Christmas, sources predicted a 50% spike in the volume of parcels being returned during Take-Back Tuesday over the normal average for the rest of the year. In an increasingly consumer-driven marketplace, what exactly are the implications of such an influx of returns following the biggest shopping season of the year? Howard Rosenberg, CEO of B-Stock Solutions, explores how retailers can best manage the returns following the festive period particularly regarding stock that can’t be returned to the shelf.
Some of the world’s largest wireless OEMs, carriers, and trade-in companies leverage B-Stock’s B2B marketplace to maximize their profits on trade-in mobile devices and accessories. Get insight into secondary market trends to fetch the highest prices for your devices.
Every April, Earth Month serves as a reminder that sustainability isn’t a trend: it’s an imperative. For retailers and brands managing the constant flow of returned, excess, and pre-owned inventory, the question is no longer whether to embrace sustainable practices,…
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…