Boxz is a startup aiming to revolutionize the retail industry with its slogan "The new sustainable way of retail shopping." Founded in 2021, Boxz addresses the global issue of surplus inventory, where over 15% of retail goods are returned or go unsold, resulting in environmental waste and significant financial losses for retailers. The company’s solution involves creating an online marketplace that directly connects surplus inventory from local retailers to nearby consumers at substantial discounts. By integrating retailer systems, partnering with non-profit organizations and repair centers, Boxz employs data-driven decision-making to streamline the return process, boost revenue, and ultimately reduce the carbon footprint of products. The startup operates in the E-commerce, Marketplaces, Mobile, Payments, and Retail industries, offering a promising solution to an increasingly pressing issue in the retail sector. As of now, Boxz's financial backing and investors remain undisclosed, but it stands as a compelling endeavor with the potential to make a significant impact in the retail and sustainability sectors.
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