This website uses cookies to improve your experience. By viewing our content, you are accepting the use of cookies. To find out more and change your cookie settings, please view our Privacy Policy.
Americans returned 11 per cent of purchases in 2018, according to the National Retail Federation. Based on annual retail sales of $3.66tn, that works out to $403bn. Total holiday returns for 2019 could reach $95bn, according to B-Stock Solutions, which helps retailers run liquidation sales. That would represent a one-fifth rise over the same period in 2018.
What makes recommerce such a big opportunity in retail today? It’s a quickly changing scene! Seasonal clear-outs and the mass unloading of excess inventory are no longer the only uses for liquidation and resale. Rather, astute manufacturers, retailers, and business…
B-Stock’s internship program launched in 2021, and since then, we’ve had the pleasure of welcoming and working with over 30 interns! From Finance and Product to Engineering and Marketing, our interns have left their mark across all of B-Stock and…