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While total retail sales this past Christmas were surprisingly strong, not every present unwrapped on the holiday was met with unbridled joy.
In fact, some gifts were spectacular only because of how fast they piled up at return counters across the country.
The top returned Christmas gifts this year were pricey battery-powered ride-ons, like the $200 Power Wheels Wild Thing or the $160 Disney Mercedes 6-Volt Ride-On, according to B-Stock Solutions, which operates an auction Web site that connects returns made to the country’s largest retailers — including Amazon, Walmart and Macy’s — with resellers.
More from the B-Stock Blog
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Sustained inflation has compressed consumer spending across categories, resulting in softened sell-through rates and climbing aged inventory ratios. For retailers, brands, and manufacturers, the downstream effects are distinct, but the core problem is the same: the excess inventory is there,…
