Remove 2020 Remove Accounting Remove Loss Prevention Remove Payment Services
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Retail Returns Increased to $761 Billion in 2021

VMS

This accounts for an average of 16.6 percent during 2020, but online returns are in line with recent years at an average of 20.8 According to NRF, online sales accounted for $1.050 trillion of total U.S. The categories with the highest return rates were similar to 2020 metrics: auto parts (19.4 percent of total U.S.

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Retail x Fintech: The Importance of Security in Retail’s Adoption of BOPIS and Payment Installment Plans

Retail TouchPoints

Over the past several months, retailers have experienced challenges and changes they thought they would never see in 2020. Mobile devices have become powerful payment instruments, on the way to replacing traditional cards for in-store purchases in many markets around the globe. And it’s clear that these shifts are here to stay.

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An Overview of how the BOPIS Retail Strategy is Transforming the Industry (2021)

Retalon

Major retailers survived 2020 by transforming how they got their products into customers’ hands. A retail fulfillment process that is known as BOPIS — Buy Online, Pickup In-Store. Adopting BOPIS can be challenging so we’ll explain how you can successfully merge your online and physical store operations. What is BOPIS?