That ugly sweater you returned? It might not go where you think
There have been reports about retailers destroying returned, unworn merchandise. Others send it to third-party liquidators or donate or recycle it. More and more, returned products are sold at online auctions.
In this post in The Boston Globe on January 15, 2017:
"There’s actually a ton of demand for returns and products that didn’t sell," said Dale Rogers, an Arizona State University professor who studies the so-called secondary retail market. "Online auction houses have become adept at tapping into that demand. It’s bigger than it ever was."
Learn more about Professor of Supply Chain Management Dale Rogers
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