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A Guide to Buying Liquidation Sporting Goods and Fitness Equipment
No matter where you live or what the season is, sporting goods and recreational equipment will always (re)sell well. In recent years, the sporting goods resale industry has seen tremendous growth. This is due in part to American consumers paying…
New Data on Ecommerce & Return Policies
Quick Facts: 93 percent of shoppers say a free return policy is important 60 percent of respondents “would buy again” from a brand that offers free returns and exchanges 70 percent of consumers say they’re “deterred from buying online by…
Nine of the Top 10 Retailers Liquidate with B-Stock. Here’s Why.
With online sales rapidly increasing year over year, so are returns: around 30% of all online sales are sent back. This combined with excess inventory woes—faced by many of today’s brick and mortar retailers—is creating a backlog of inventory piling…
2019 Update on Overstocked Home Furnishings
Quick Facts on Home Improvement Stores: Generated $188.0 billion in revenue in 2018 Annual growth rate averaging 1.9% for the five years to 2019 Growth of 0.9% projected for the next five years (data provided by IBISWorld) The Home Furnishings…
B-Stock’s Network Effect Drives Exponential Sales
“Build it, and he will come,” says Kevin Costner in the movie Field of Dreams. And what goes for corn fields and baseball goes for online marketplaces and returned and excess inventory. Case in point: it started with one major…
Updating Returns Policies to Account for Serial Returners
Fraudulent Return Facts: Returns from online fashion purchases will have an impact of £6.6 billion for UK retailers U.S. loss from annual merchandise return fraud is estimated at $17.6 billion 55% of UK fashion and clothing brands would consider ‘banning…
E-commerce and Customer Service Expectations
A recent survey report shows how online retailers can replace personalized in-store experiences with a great online shopping experience. With e-commerce now representing 14.5% of total retail sales in the fourth quarter of 2018 with 15% yoy growth, all signs…
E-commerce Retailers Give New Life to Vacant Malls
Quick Fact: new real estate projects are turning 7.9 million square feet of vacant retail space into 10.9 million square feet of new industrial space, either by conversion or new construction The rise in e-commerce retail growth is helping spur…
2019 Supply Chain Challenges: E-commerce, Borders, & Politics
For 2019, shipping costs, global trade politics and cross border e-commerce are the top concerns amongst supply chain professionals. Retailers must keep the supply chain moving despite rising costs, new tariffs, labor shortages and the challenges of cross-border e-commerce. Meanwhile,…
Universal Condition Codes for the Mobile Secondary Market
The CTIA published a set of universal codes to help define condition grades for mobile devices bought and sold in the retail secondary market. Michelle James, VP Strategic Industry Programs for the CTIA, spoke at the Reverse Logistics Association Conference…
Consumer Returns Best Practices
By 2027, the value of consumer returns will near $1 trillion. Current trends show that the majority of these returns will stem from e-commerce; which currently has a 30% return rate. Online returns are caused in part by lax return…
Technology Trends & Implications for Retailers
A main theme throughout the Reverse Logistics Association 2019 conference was centered around technology and how it fits in with retail and manufacturers. By now, most people know that 5G technology is right around the corner with promises of faster…