Shipping and supply chain delays are at the forefront of retailers’ worries this peak season. Companies with holiday goods that arrive after the season or get large amounts of returns have three major options: store them in warehouses until next year, throw them away or sell them on the secondary market.
FreightWaves asked an expert how retailers can sell their seasonal returns, overstock and late inventory.
Howard Rosenberg is the founder and CEO of B-Stock Solutions, which offers retailers a marketplace to liquidate overstock goods at auctions. The auction format often brings retailers 30% more return than traditional liquidation methods, according to B-Stock.