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Holiday shoppers bought an utterly staggering amount of stuff in November and December, and the share of those items bought online is growing.
Total retail spending was up 8.5% over the same period last year, according to MasterCard, while ecommerce sales grew 11%. Compared with 2019, ecommerce grew more than 60%.
Now that the holidays are passed, a portion of the massive volume of packages is now headed in the opposite direction.
UPS says it is on track to process more than 60 million return packages between November 14 and January 22 — a 10% increase over last year. In addition, one in four Americans is expected to make a return, Louisville TV station WDRB reported.
When putting your excess and returned inventory up for auction on the secondary market, it can be tempting to speed through the listing process to save your employees’ time and clear warehouse space as quickly as possible. But a little…
Selling excess and returned inventory into the secondary market is a sustainable and cost-effective approach to inventory reduction, but it does mean you’ll be dealing with multiple bidders and buyers. Since all parties involved will have their own business interests…
Purchasing liquidated merchandise on B-Stock can be a great way to keep a consistent flow of inventory and save money. To sell your inventory can be challenging, but this is where bin stores come in. In this article, we’ll explain…