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Thought Leadership Thursday (#TLT): Recommerce to Drive a More Sustainable Apparel Industry
As fast fashion continues to go out of style and retailers remain under the microscope for ethical and sustainable business practices, the apparel industry will need to shift its approach regarding returned and secondhand clothing. If a recommerce solution is…
Retail Doom, or a Chance to Bloom?
Over the past decade, retail has seen a significant shift. With the emergence and hyper growth of ecommerce, brick-and-mortar has struggled—and traditional retailers are being forced to regroup in order to recapture gains and prevent further loss. Labeled an agent…
Thought Leadership Thursday (#TLT): A Second Wind for Products
When you’re dealing with a retail landscape as competitive—and fickle—as the one today, a variety of things occur. As malls and department stores close, off-price retailers like ROSS and T.J. Maxx are reaping the benefits of selling merchandise from cancelled…
One Click and a Global Trip: Reverse Logistics in Cross-Border Ecommerce
Cross-border e-commerce makes up 20% of online shopping and is growing at double the rate of domestic buying with Brazil, Australia, and Canada leading the charge for out-of-country purchases. Having a global reach can present substantial opportunity for online retailers,…
We’ve all Heard of Ecommerce. But What is Re-commerce?
Today’s generations of consumers—particularly Millennials and Gen Zers—are purchasing used “trendy” items and finding value in giving them a second life. Gone are the days in which we purchased clothes, wore them a few times, left them in our closets,…
In 2020, Retailers Need to Run Lean and Mean
Last year, retail store closures surpassed the 9,000 mark—surpassing 2018 by nearly 60%. The fact is that retailers ARE opening new locations, but the closings are outpacing openings at a rate of 2 to 1, and the industry will continue…
iPhone 11 Hits Secondary Market
As new models like the iPhone 11 launch, trade-in rates of older phones rise; a majority of these devices are then pushed to secondary sales channels. On the heels of the iPhone 11 release, the data generated across B-Stock’s B2B…
We’ve got 2020 Vision on the Mobile Market, and it’s Growing to $355 Billion
The number of smartphones being used around the world is estimated to hit 6 billion by 2021, with expected revenue of $355 billion by the end of 2020. It’s official! Cell phones have replaced the PC as the most important…
Brace Yourselves: Returns are Coming
‘Twas the week after Christmas, and all through the land, Came the millions of shoppers, returns in their hands. Ah, the holidays. A time of snowstorms, blowing budgets and shopping, shopping, SHOPPING. If Santa were real, he’d surely need to…
When it Comes to Holiday Shopping, There’s No Such Thing As Final Purchase
As the retail market takes a shift, so too does the way consumers purchase goods. Today, it seems like nothing is final when it comes to buying and returning gifts. Example: 77 percent of shoppers are anticipating returning some of…
New is Out and Used is In for Gifting
According to a recent study, 61 percent of American consumers are comfortable with receiving a used gift—especially if the item is rare or difficult to find—and Millennials and Gen Z’ers are embracing the movement at a quicker pace than older…
The Mighty Rise in Off-Price Retail
In the apocalyptic retail era of mall and department store closures, one segment is thriving. Off-price retailers—or stores that sell high-quality goods at low prices—are forging ahead and growing. These shops, which typically sell last season’s items or a variety…