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Remove 2020 Remove Loss Prevention Remove Markdowns Remove Shipping
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An Overview of how the BOPIS Retail Strategy is Transforming the Industry (2021)

Retalon

SEPTEMBER 22, 2021

Major retailers survived 2020 by transforming how they got their products into customers’ hands. Instead of only shipping to customers’ homes, retailers let online customers shop from their local and online store’s inventory and pick up their orders from their closest brick-and-mortar location the same day. Lower shipping costs.

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Fulfillment Payment Services Inventory Management Shipping 41
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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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