Zulily shut down its ecommerce business in December, and last week, Gordon Brothers said it has been engaged to sell the online retailer’s $85 million of remaining inventory as well as the assets of its two 775,000-square-foot fulfillment centers. Rather Read more
A tsunami of holiday returns is expected this year – over $112 billion in merchandise. Marcus Shen, Chief Operating Officer of B-Stock, said online purchases are returned at double the rate of in-store buyers, spelling challenges for online sellers and Read more
B-Stock helps clients liquidate excess inventory, including through branded marketplaces and its own B-Stock Supply platform where sellers procure inventory to resell. Buyer demand for essential and “at home” items is up across B-Stock marketplaces, including groceries, consumer packaged goods, Read more
The lesson one online seller seems to have learned the hard way: don’t buy 2,000 computer printers unless you have a place to store them. Especially if you live in a cold climate. Neighbors appalled at having to live next Read more
