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PayPal Offloads Happy Returns to UPS

Retail TouchPoints

UPS has agreed to acquire reverse-logistics solution Happy Returns from PayPal for an undisclosed amount. Happy Returns offers box-free, label-free returns for more than 800 merchant partners at over 10,000 locations across the U.S. of retail purchases (both online and in-store) were returned last year.

Returns 229
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Why the “stars are aligning” for a successful return of Marc Jacobs Beauty

Inside Retail

In 2015, the more financially accessible Marc by Marc Jacobs line was pulled back, and LVMH shut down the brand’s menswear department in 2017. Consolidated retail revenues, not counting fragrance royalties, reportedly fell from US$650 million in 2015 to US$300 million in 2018. We Can Only Hope”.

Returns 130
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Myer sees elevated annual sales, but is cautious amid economic headwinds

Inside Retail

Department store chain Myer delivered its highest full-year sales since 2005 this year but remains cautious as consumer spending declines due to unfavourable economic conditions. “Our online offer is a scale business that returned to growth in the second half and has continued to increase market share throughout FY23.”

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Jen Rubio Returns as Away CEO

VMS

Travel lifestyle brand Away (New York) has appointed Jen Rubio, co-founder of the brand in 2015, as CEO, according to a press release. The Away team has demonstrated an acute ability to remain resonant among our consumers while delivering resilient financial performance,” said Rubio.

Returns 103
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Former Conn’s CEO Takes Back the Reins

Retail TouchPoints

Miller led the home goods retailer as President and CEO from September 2015 to August 2021, when Holt took over. Miller has been a member of the Board of Directors since September 2015 and will continue to serve as a member of the Board during his latest turn at the helm.

Finance 211
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Why Direct to Consumer Brands Struggle with Profitability

Indigo 9 Digital

By Tricia McKinnon Over the past decade direct-to-consumer businesses have popped up in nearly every corner of the retail sector. From mattresses sold by Casper to prescription eyeglasses from Warby Parker ambitious founders have taken a page from Amazon’s playbook hoping to sell goods directly to consumers online. million and $58.5

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Beyond the Transaction: How PayPal is Helping Remove Friction Across the Commerce Experience

Retail TouchPoints

Since spinning off from eBay and going public for a second time in 2015, PayPal has expanded its reach well beyond that one digital marketplace to more than 30 million merchants worldwide. When we have partnerships with these merchants they’re trusted brands, so consumers can feel good about shopping with those brands.”.