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.
Holiday returns are on the horizon, learn how to better tackle them by watching our webinar.
Return rates typically double around the holidays: one in three holiday purchases are returned, equaling $70 billion in merchandise that must be sorted out behind the scenes. Relaxed return policies, gift-recipient dislike, and buyer’s remorse all play a large role – as does the spike in ecommerce, which boasts a 30% return rate. No matter the reason, having a plan in place for returned items – especially those that can’t go back on the shelves – is crucial.
Within this webinar, we’ll focus on:
The webinar is hosted by B-Stock’s Vice President, Eric Moriarty. Eric has spent the majority of his career solving reverse supply chain challenges for Fortune 1000 retailers and manufacturers, this includes building and incubating customized, branded B2B marketplaces that connect overstock and returned inventory directly to business buyers via a competitive online auction platform. Since joining the company in 2010, Eric has grown B-Stock Solutions’ client base by over 500% and helped hundreds of organizations, including 9 of the top 10 U.S. retailers, recover more than $1 billion for their excess merchandise through data-driven methods.
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…
In honor of Earth Day, explore how recommerce is transforming the retail landscape by driving sustainability and the circular economy. As the world’s largest B2B recommerce platform, B-Stock enables retailers and brands to redefine sustainability by giving new life to…
When returned and unsold goods tie up working capital and force write-downs, they quietly erode margins, delay cash conversion, and impact financial performance every single day. Discover how finance teams are turning to technology-driven B2B resale platforms to: Improve recovery…