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Evaluating And Improving Your eCommerce Fulfillment and Holiday Shipping

Retail Bound

Ecommerce sales increased significantly into 2021 as more people shifted from physical stores to online shopping. The business reaches its peak during the holiday season and when the shipping rush is over, there is a bulk in holiday returns. Manage Inventory Accuracy. Improve the Return Process.

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Is unified commerce the new holy grail?

Inside Retail

Unified commerce is the new holy grail for retailers, promising previously unheard-of levels of customer insights and control over all elements of sales and inventory management. Smarter inventory management enabled by unified commerce allows stores to resell the item or return it to the warehouse. Endless aisle.

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Is it Time for RFID to Shine?

Retail TouchPoints

“Retailers need to have a single view of their inventory across channels, and then that data has to be up-to-date and accurate,” said Greg Buzek, Founder and President of IHL Group in an interview with Retail TouchPoints. In 2021, the average cost of an RFID tag was four cents , down 80% from 2011, according to McKinsey.

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How Retailers can Combat the Rising Threat of Theft

Retail TouchPoints

According to the National Retail Security Survey released by the National Retail Federation (NRF), vanishing inventory contributed to $112 billion in losses last year alone — up significantly from $93.9 billion in 2021.

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How Build-A-Bear’s Pandemic Shift Created Long-Term Omnichannel Opportunity

Retail TouchPoints

In the longer term, it gave us this ability to grow and add things like ship-from-store, in-store pickup and same-day delivery through Shipt , which is another key component of what we wanted to do for last-minute gift givers.”. In Q4 2021, it processed 70% of online orders through its stores. Creating Joy Amid Uncertainty.

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The 5 Most Common Omnichannel Mistakes – and How to Avoid Them

Retail TouchPoints

consumers’ tremendous enthusiasm to get back to in-person shopping and experiences, notably with a 44% increase in foot traffic to stores, restaurants and entertainment venues since the start of 2021, that doesn’t mean they are going to leave behind all the omni habits they adopted during the crisis. And despite U.S.

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Sustainability and Inflation: How Packaging Companies are Finding the Sweet Spot

Retail TouchPoints

For example, in 2021 California passed a new bill, AB 1201 , creating a requirement that compostable products must be certified by third-party organizations like BPI. This approach reduces the need for separate packaging designs and simplifies inventory management. The FTC offers guidelines, but no laws and only a few U.S.