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.
-
Region
-
Category
-
Marketplaces
Popular Marketplaces
New Marketplaces
-
The underbelly of e-commerce is a booming business in which little-known companies collect, process and often resell piles of unwanted gifts, flawed merchandise and other items that shoppers simply regretted buying. This holiday season, goods with an original retail value of $19.4 billion—nearly one-quarter of e-commerce sales—are expected to be returned, according to Shorr Packaging, a distributor of packaging to retailers and other businesses.
B-Stock Solutions Inc., a returns-logistic provider, helps retailers including Wal-Mart Stores Inc. and Home Depot sell returns in smaller volumes, typically by the pallet-load. “We transform [them] into bite-size chunks that a much larger audience can digest and that drives the price higher,” says B-Stock Solutions CEO Howard Rosenberg. The pallets are auctioned off on the Internet, and buyers pick up the items directly from the retailers’ warehouses.
More from the B-Stock Blog
Build a Thriving Resale Business: 8 Tips for Entrepreneurs
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…
Building Talent and Futures: Inside B-Stock’s Internship Program
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…
