5 Major Retail Digital Transformations to Watch For in 2021
Retalon
APRIL 27, 2021
In effect, this means a reduction of total inventories, maximized sales, and reduced markdowns. According to Digital Commerce 360 , American consumer online spending in 2020 increased 44% to $861 billion. Often, returning products to the store that fulfilled the original purchase will create inventory excesses and lead to markdowns.
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