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Rethinking Retail Returns

Retail TouchPoints

Consider these facts: total returns amounted to $743 billion in merchandise in 2023 and in 2022; approximately 16.5% Returns negatively impact brands in several ways including processing costs, shipping fees, unsellable merchandise and more. of all purchased goods were returned to retailers.

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Amazon is set to take off in Australia this year, get ready

Inside Retail

billion in 2022. This, combined with Amazons dedicated focus on building a vast fulfilment network to underpin its delivery proposition, has allowed the brand to achieve the size and scale it has in the UK. Fulfilment expansion Amazon Australia is heavily investing in expanding its fulfilment capabilities in the local market.

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Goodwill Shutters Online Marketplace GoodwillFinds

Retail TouchPoints

Complicated Competitive Dynamics GoodwillFinds.com was launched in October 2022 in a bid by the 120 -year-old thrift store chain to grab a larger piece of the growing online resale market. The site was operated as a B2B2C marketplace where participating local Goodwills would list items on the site and ship the inventory directly to customers.

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Amazon Service Refinements: New ‘Low-Cost’ Store, Prime Fuel Discount, Ending of ‘Today’ Delivery Service

Retail TouchPoints

Amazon hasn’t formally announced its plans for this new Low-Cost Store, but The Information reports that Amazon plans to ship orders to the U.S. from a facility in Guangdong, China, and that it would charge sellers significantly lower fulfillment fees for items sold through the new storefront than items shipped domestically.

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Why Gap Turned to Robots for an Unpopular Fulfillment Task — Unloading Boxes

Retail TouchPoints

These mobile robots are equipped with computer vision and can maneuver in any direction, navigate around obstacles and traverse ramps, and their footprint is the same as a standard shipping pallet, meaning that anywhere a pallet can go, Stretch can follow.

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Ten AI trends retailers must embrace in 2025 to stay ahead

Inside Retail

2025 is expected to be a pivotal year for the development of AI, with many GenAI projects seeing deployment, so retailers need to shape up or ship out when it comes to the AI curve. Fulfill the promise of personalisation at scale Realistically speaking, it is nearly impossible for a human team to enable hyper-personalisation at scale.

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Understanding Amazon Statistics: Insights for Sellers and Marketers

Small Biz Trends

Sales Performance Net Sales: In 2022, Amazon generated $514 billion in net sales, a notable increase from previous years. User Engagement Prime Memberships: Over 200 million customers subscribe to Amazon Prime, enjoying benefits like expedited shipping and exclusive deals. billion in 2022. million 2022 168.3 million U.S.