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Electronics Reseller PayMore Opens 18 Stores in March; Plans to Double Store Fleet in 2025

Retail TouchPoints

Since its 2011 founding, PayMore Stores have facilitated nearly 1.5 The franchise retailer, which pays cash for customers used electronics, currently operates 71 stores in the U.S., Canada and the UK, but it plans to more than double that number to 150 stores by the end of 2025. CEO and Co-founder of PayMore in a statement.

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Incy Interiors to cease trading this month, starts closing down sale

Inside Retail

The owner of embattled furniture brand Incy Interiors has apologised to customers for lengthy delivery delays and says the retailer will work to fulfil all outstanding orders before shutting up shop. We’re trying our hardest to just get it resolved for everyone as quickly, as easily for them as possible.”

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Is it Time for RFID to Shine?

Retail TouchPoints

However, with retailers feeling more pressure to streamline omnichannel fulfillment, supply chain visibility has risen to the top of the priority list. In 2021, the average cost of an RFID tag was four cents , down 80% from 2011, according to McKinsey. As a result, IDTechEx expects 39.3

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Has Online Grocery Delivery Plateaued?

Retail TouchPoints

In 2011, less than 1% of grocery shopping was done online. While fulfillment and delivery took center stage during the pandemic, it’s the experience of shopping that now matters. Both these fulfillment experiences represent big opportunities for both brands and retailers to create incremental basket and growth.

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‘An exciting way to test a new market’: More fashion brands turn to rental

Inside Retail

Fulfilment by GlamCorner now sees the platform handling the logistics of clothing rental on behalf of fashion brands, including warehousing, cleaning, shipping and returns, and giving brands their own rental stores, which they can embed in their e-commerce sites and promote to customers. The ‘Attenborough’ effect.

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The Iconic culls 69 roles as it morphs from marketplace to platform

Inside Retail

Typically, a platform connects buyers and sellers leaving fulfilment to the vendor. The Sydney-headquartered pureplay online retailer was launched in 2011 and boasts more than 1500 brands, including local Australian labels. The company says that by transforming itself into a platform business it will continue to connect with its 2.2

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FedEx Plans $1 Billion in Cuts as Demand Falls

Retail TouchPoints

That’s the highest level we’ve recorded since 2011. Economic uncertainty is affecting shoppers across the income spectrum, which could be causing a slowdown in overall purchases. It’s not limited, and this is the interesting part, to lower income Americans. It’s across the income spectrum.

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