As the Consumer Protection Act gains traction and consumers dig in their heels regarding defective purchases, an entirely new market is emerging. Paul Greenberg, chairman of Going.co.za, discusses the rise of the returned goods market, and what options are available for retailers needing to move their "unwanted" inventory. While June retail sales came in lower than expected last week, this pattern of slow spending doesn't seem to have had any effect on the online shopping market. Have a fabulous week!
Shan Radcliffe, Group Head - Retail (@Biz_Retail)
Image courtesy of Feelart / FreeDigitalPhotos.net.

PS Don't forget to check out the latest cartoon by Rico in our weekly Cartoons showcase!

Comment online in our ed's column archive. Go mobile with apps and m.bizcommunity.com. Engage with us on Twitter, Facebook, LinkedIn and Google+. Subscribe to YouTube and via RSS. Send all your retail news and event invitations to retailnews@bizcommunity.com, exclusive opinion pieces to contributors-retail@bizcommunity.com and international news to internationalnews@bizcommunity.com. Read "How to contribute to Biz, from op-ed pieces to news".