Retail TouchPoints

NOVEMBER 8, 2022

In 2021, returns cost retailers a whopping $761 billion , or almost 17% of total U.S. This year the powerful combination of the special sale dates in Q4 (like Target, Amazon and Walmart holding October Black Friday events) and an increase in ecommerce holiday shopping means that this upward trend for returns will continue.

Returns 301

Returns Markdowns Inventory Management Customer Experience 301

Retail TouchPoints

AUGUST 19, 2021

This will help them prepare their omnichannel fulfillment operations and ensure items get to customers in the most efficient, and profitable, way possible. We have high demand and low supply, so there are fewer markdowns now,” Kotlyar added. “I Eagerness to Return to Stores Means Retailers Need to Tackle Labor Shortages, Stat.

ATS 299

ATS Markdowns Consumer Social Commerce 299

Retalon

JUNE 11, 2021

And retailers are rushing to offer new fulfillment options, like “buy online, pick up in-store” (BOPIS), curbside pickups, cashless checkouts, drop-shipping, mobile shopping and more. Increased Carbon Footprint: The shift to “next-day” e-commerce has increased the logistics associated with fulfilling an order and accepting returns.

Fulfillment 41

Fulfillment Drop-Shipping Markdowns Returns 41

Retalon

FEBRUARY 10, 2022

Drastic Markdowns. Last minute markdowns that offload stock at a loss. Inventory storage, overstock management, ROI lost to markdowns, even lost sales due to stockouts, are all tangible costs of bad inventory. Indicators you’re managing bad inventory. A low rate of inventory turnover. No room for in-demand inventory .

Inventory Turnover 41

Inventory Turnover Management Inventory Management Dead-Stock 41

Retalon

AUGUST 20, 2019

Plus, going into a retail store significantly reduces the potential for returns and increases upsell opportunities. What do consumer purchasing habits look like, and how streamlined is your fulfillment process? – Promotions, event and markdowns. – Consumer preference. – Relative permanence of online brands.

Fulfillment 32

Fulfillment Comparison Shopping Markdowns Promotions 32

Retalon

AUGUST 20, 2019

Plus, going into a retail store significantly reduces the potential for returns and increases upsell opportunities. What do consumer purchasing habits look like, and how streamlined is your fulfillment process? – Promotions, event and markdowns. – Consumer preference. – Relative permanence of online brands.

Fulfillment 32

Fulfillment Comparison Shopping Markdowns Promotions 32

Retalon

AUGUST 2, 2019

POS data (sales, returns, etc.). Prices (markdowns, promotions, competitor prices, etc.). Consider the way retailers traditionally forecast fulfillment. Add in a final fly-by-your-gut manual tweak and the fulfillment forecast would be ready. Inventory levels (store, warehouse, distribution centers).

Merchant Services 32

Merchant Services Fulfillment Accounting Markdowns 32