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Cashing In On Returns: Marketplaces Reinvent Inventory Liquidation
The rise of eCommerce, and the fierce competition it has produced among merchants, has led to return policies that are liberal, inexpensive and nearly hassle-free for consumers. Those unwanted products, in turn, can create headaches for retailers — and a…
27% of apparel sales are now online
The value of retail returns last year rose 53% from 2015 to $400 billion and 27% of apparel sales are now online; the growth of e-commerce is stoking that, according to returns and overstock supply company B-Stock. Returns of brick-and-mortar purchases tend…
Retail returns: a trillion dollar headache that technology and data analytics can solve
In an effort to drive customer loyalty, retailers are stepping up their game when it comes to the ease of returning items: special ‘returns’ entrances, pop up kiosks at the mall for items purchased online, year-long deadlines, third-party apps, and…
Pro Rata
Private Equity Deals • Comcast reportedly is speaking with private equity firms about participating in an improved offer for the entertainment 21st Century Fox, whose deal with Disney yesterday received anti-trust approval. http://axios.link/2YFn • Athene (NYSE: ATH), a life insurer backed by Apollo Global Management, is in talks to…
The Funded: 16 midweek deals in Bay Area raise over $1 billion, led by Lyft megafunding
Here’s more on those and other midweek venture deals in the Bay Area: Funding: • Silver Peak Systems Inc., Santa Clara, $90 million: Technology Crossover Ventures made this late stage investment in this 14-year-old provider of software-defined networking technology. (Read more here.) • B-Stock Solutions…
Liquidation startup B-Stock snags $65M investment
B-Stock, a business-to-business marketplace, announced on Tuesday that private equity firm Spectrum Equity has invested $65 million to help drive expansion. Additional financial terms were not disclosed. E-commerce is driving a lot of retail growth, but it’s also helping upend…
Term Sheet — Tuesday, June 26
Good morning, Term Sheet readers. VENTURE DEALS • B-Stock Solutions, a Belmont-based online auction platform for returned, excess and other liquidation inventory, raised $65 million. Investors include Spectrum Equity.Read full Fortune.com article >>
B-Stock Grabs $65M Growth Investment
B-Stock, a business-to-business marketplace for returned, excess, and other liquidation merchandise, has secured $65 million in funding. Click here for more funding data on B-Stock “B-Stock is the clear leader in the online liquidation space having delivered massive value to a long…
B-Stock receives $65 million in funding to expand returned and excess stock marketplace
B-Stock, the business to business marketplace for returned, excess and other liquidation stock has received $65 million in funding from growth equity firm Spectrum Equity, the first time PE funding has been pumped into the reverse supply chain and liquidation…
Liquidation startup B-stock gets $65M investment
B-Stock, a B2B marketplace solution for retailers to sell their returned, excess and other liquidation inventory, has acquired $65 million in funding from Spectrum Equity. The milestone marks the first time PE funding has been pumped into the reverse supply chain and liquidation…
B-Stock Receives $65 Million Growth Investment from Spectrum Equity
Investment will enable B-Stock to accelerate its efforts to transform how retailers approach returned, excess, and other liquidation inventory Belmont, CA – June 26, 2018 – B-Stock, the world’s largest business-to-business marketplace for returned, excess, and other liquidation merchandise, announced…
How refurbished clothes could become a thing
While the fast fashion industry is struggling to keep the hottest trends on the shelves, the outdoor fashion retailers are taking another angle. Companies like The North Face, REI, and Patagonia all sell high quality gear and clothing for those…