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Anyone looking for a cheap sugar fix this week can go to any retailer that sold Easter candy. It’s likely to be discounted 30 to 50 percent less. Target, for example, is discounting all Easter candy 30% on Monday. Merchandise such as baskets, Paas egg coloring kits, and fake grass are 50% off. Walmart is clearing out its Easter supplies at half off. As the week goes on, supplies will dwindle and the discounts will rise to 70%, possibly even 90%.
What happens to the stuff that no one buys, even at 50 to 90 percent off?
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…