Preparing for the Rise in Online Retail Returns
Retail TouchPoints
NOVEMBER 8, 2022
Returns are increasing labor costs due to inspection and restocking time and often cause markdowns, out-of-stock and logistics expenses to increase. This often gets the item back to the retailer in a quick enough turnaround to resell the items at the same price, avoiding margin loss. In 2013, he co-founded Fast Simon, Inc.
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