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How Retailers Can Control Costs Even As Return Rates Climb

Retail TouchPoints

Returns are a cost of doing business for any retailer. In the wake of COVID-19, returns are receiving serious (and necessary) attention for several key reasons: Retailers are spending more processing returns in stores. Returns is just one example.” . In-Store Returns Trending Up, But Not Pouring In.

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#RSP22: Everything You Need to Know About Holiday 2022

Retail TouchPoints

The Mastercard SpendingPulse measures in-store and online retail sales across all forms of payment, providing a wealth of insights to help merchants refine and optimize their holiday strategies. The return to offices and social events is inspiring consumers to level up their wardrobes and focus more on apparel and footwear.

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Retail sales grow 23.3% in April

Mass Relators

retail sales had another month of double-digit growth in April, according to Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment. Mastercard SpendingPulse reports on national retail sales across all payment types in select markets around the world. Department stores grew 9.6%

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Jewelry Sales Increased Sharply in July, Survey Finds

VMS

grew for the 11 th consecutive month in July, according to Mastercard SpendingPulse , which measures in-store and online retail sales across all forms of payment. Return of the In-Store Shopper: Brick-and-mortar browsing is making its return, with in-stores sales making up 81.9% compared to July 2020.

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Mastercard SpendingPulse: Feb. sales rise 8.7%

Mass Relators

The elevated level of inflation is reflected in the February retail sales increases; other key trends include: Return to office attire: Apparel (+37.6% pre-pandemic) and Department Store (+26.3% Mastercard SpendingPulse reports on national retail sales across all payment types in select markets around the world.

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Retail spending strong in late 2022, but signs of slowing emerge

Inside Retail

It shows that a return to the first ‘normal’ summer break since the pandemic supported general spending in December, with the Index rising moderately as the year ended. However, in January, the typical post-Christmas decline in retail spending was one factor pushing the Index 6.9 per cent lower for the month.

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The Future of Retail is 3D

Retail TouchPoints

This new ability mimics the experience of engaging with a physical object more closely than 2D pictures, and it has been suggested this could not only drive sales and conversions but cut down on returns. The companies that stay ahead of the curve are seeing huge benefits to their businesses.