Remove 2021 Remove Consumer Remove Returns Remove Supply Chain Management
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How Shoemaker Viscata is Achieving Social and Business Goals by Reducing Returns

Retail TouchPoints

It’s been another year of record-breaking ecommerce sales combined with unprecedented snarls across shipping and inventory ecosystems, so it should come as no surprise that return rates for 2021 are expected to have gone through the roof.

Returns 253
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Retail Trends in 2021 — Overcoming 2020’s Challenges

Retail TouchPoints

We’re going to skip any in-depth discussion of consumers’ ever-warming embrace of online shopping because it feels more “established than trending,” and because with limited space we want to cover what we believe are more intriguing developments for supply chain professionals. But the post must go on.

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How Covid-19 is reshaping the consumer

Inside Retail

As we closed out 2020, all data sources pointed towards households reverting to pre-Covid behaviours and a return to a more consistent and predictable purchasing rhythm. Sporadic outbreaks aside, the supermarket industry was returning to something close to normality. Scope a project with us.

Consumer 147
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Customer returns: Five fundamentals to recoup revenue

365 Retail

But with great gains come great returns. In 2021, sorting out product refunds cost retailers an average of over £15,000 a month. Significant revenue gets lost when mass quantities of orders are returned, leaving retailers with a ton of inventory that is then discounted, liquidated, or even thrown out. In a store?

Returns 52
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How Data Analytics is Impacting Retail in 2021

Independent Retailer

It has changed the way consumers shop and interact with companies, which means retailers are stepping up their game to meet these rapid changes. They could offer a better deal or discount that draws consumers into the store or to their ecommerce site. Supply Chain Management. by Shannon Flynn.

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Retail appointments of the week

Inside Retail

Russel Creedy, group CEO, joined the business in 2001 as supply chain manager and served as GM for Pizza Hut in New Zealand. Parés acknowledged their key role in the firm’s milestone of achieving more than one billion New Zealand dollars in sales for 2021. He took on the CEO role in 2007.

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Rethinking Retail Fulfillment – the key to Navigating a Post-Brexit Supply Chain

Retail TouchPoints

Whilst news of a trade deal came as a huge relief, consumer rights when shopping online have not come out unscathed at the hands of Brexit. Unsurprisingly, customers facing unexpected charges upon delivery are often refusing to accept deliveries of products, and this is causing 30% of orders to be returned , according to Statista data.