A look at the retail secondary market (hint: it’s exploding)

Retail DiveWith return rates spiking the cost associated with processing returned merchandise back on the shelf has become a major pain point. Not only does it cost twice the amount to process an online return for resale as it does to sell it the first time, but by the time an item is returned, a newer product – that can be sold at full price – may now be on the shelf. This is often the case for specialty retailers with quickly rotating inventory. It’s no surprise then that more retailers are opting to sell their returned and excess inventory into the secondary market to offset loss.    http://bit.ly/2sBj24e

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