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NRF: Returns Reach 14.5% of Sales in 2023, Fraud Contributed $101 Billion in Losses

Retail TouchPoints

of all retail sales, according to a report from the National Retail Federation and Appriss Retail. This means that for every $1 billion in sales, the average retailer incurred $145 million in merchandise returns. of all retail sales and totaling nearly $817 billion. The 2023 numbers were released on Dec.

Returns 284
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How Hydra Health is Transforming the Hospital Gift Shop

Retail TouchPoints

Hospitals and medical campuses typically look at retail as an essentially insignificant element in their patient, visitor and employee experiences. We focus on bringing in a retail experience that feels modern and value-additive to the employees, patients and visitors on-site,” Kloor explained.

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Columbia Care to Pilot New In-Store Retail Media Offering Designed for Cannabis Dispensaries

Retail TouchPoints

Marketing and regulatory consultancy Fyllo has launched a new retail media network (RMN) created specifically for the cannabis sector. With the release of Fyllo Connect, we see an opportunity to further fuel our growth with additional revenue from brands looking to engage with our customers.”. ”

Marketing 212
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No longer a “hot new thing”: Why AR shopping is here to stay

Inside Retail

The future of augmented reality (AR) in retail was on full display at a pop-up event hosted by makeup brand Pat McGrath Labs and Google earlier this week. ” The rise of AR in retail Pat McGrath Labs is the most recent beauty brand to join Google’s AR roster, following the likes of Charlotte Tilbury, L’Oreal, and MAC Cosmetics.

Shopping 245
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Alibaba exec talks about how Australian businesses can target SEA and China

Inside Retail

According to her, the expo’s business-matching service plays a crucial role in supporting Australian SMEs looking for opportunities in international markets such as Southeast Asia and China. This is where the company’s business-matching service comes in handy.

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Made by Many Hands: the marketplace supporting migrant & refugee women

Inside Retail

These programs are broad: ranging from environmental packaging to marketing 101, to improving financial literacy. Kemp and Restrepo also established Made by Many Minds, a B2B platform for service providers. The emergence of Covid-19 accelerated the need to create a vibrant and safe online marketplace.

Wholesale 244
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Jollyes Agrees New 10 year Contract with Supply Chain Partner Wincanton

365 Retail

It also announced it had completed the eight week transition of logistics operations to a new shared-user Wincanton site, on time and with no disruption in service to stores and suppliers. Our shared-user warehouse model means we can provide the agility and resilience retailers need to delight their customers and grow their business.”