Return-to-Vendor (RTV) is a significant problem for the retail sector.
More things are returned by American consumers than the Gross National Product (GNP) of all goods and services produced by more than 66% of the world's countries combined.
Retailers are skilled in the acquisition, storage, transportation, and sale of new items. Yet, most stores lack the room, materials, staff, or time necessary to process returned items due to the sales metrics they must adhere to.
Customer returns are frequently unopened or little used for many businesses and shops. Consumers no longer desire the product, and occasionally it isn't the proper one.
The product can no longer be sold by the retailers as brand new, and depending on its state, they will typically have to return it to their suppliers. However, the last thing that the sellers want is the stuff back once it has been sold.
As retailers combine excellent and poor products on pallet loads and sell them to customers in bulk, buying from them might be dangerous. Around $2.5 billion is spent on the secondary market for returned products in the US.
Surplus Service is experienced in handling Return-To-Vendor products and if this is an issue you are facing then we need to talk.
