Retail TouchPoints

MARCH 14, 2023

Returns are, like it or not, as much a part of retail operations as the sales themselves. The exact return rate varies among different verticals and individual retailers, but online sales consistently generate higher levels of returns compared to brick-and-mortar. That means you’re out of business.

Returns 216

Returns Markdowns Fulfillment Consumer 216

Independent Retailer

AUGUST 19, 2022

More than two years after the global pandemic sparked supply chain chaos, shoppers are anticipating shipping delays and inventory challenges to hinder their annual retail indulgence. A Helium 10 report also found that the shopping excitement will be high for Halloween 2022, as well as Black Friday and Cyber Monday.

Shipping 85

Shipping Merchant Services Consumer Returns 85

Retalon

NOVEMBER 11, 2021

In fact, recent research from McKinsey & Co found that there are a few key areas of IT investment that has allowed some retailers to outperform their competitors by a whopping 68% in returns. Ship-to-home, store-to-store, pick-up at the warehouse, and BOPIS are just a few popular options. Billion in 2021 according to Gartner.

Fulfillment 41

Fulfillment Markdowns Promotions Shipping 41

Retalon

DECEMBER 8, 2021

How, when, and where the customer prefers to experience their product fulfillment affects the sourcing and shipping decisions. How complicated is the returns process? This includes everything from purchasing inventory to returns management. Is inventory coming directly from the vendor and therefore needs to be dropshipped?

Merchant Services 41

Merchant Services Fulfillment Drop-Shipping Shipping 41

Retalon

NOVEMBER 2, 2021

For example, global supply chains have long been: Overproducing goods in foreign factories with lax labor laws Monopolizing finite raw materials in Third World countries Relying on trade agreements to keep international shipping cheap Using just-in-time inventory practices, taking the resilience of supply chains for granted.

Supply Chain Management 41

Supply Chain Management Dead-Stock Markdowns Shipping 41

Retail Adventures

AUGUST 16, 2022

This year start your Golden Quarter planning now: 2022 Dates to Remember This year Black Friday is on November 25, Small Business Saturday is November 26, Cyber Monday is November 28, and the biggest shopping day of the holiday season will be December 17, the Saturday before Christmas. Be prepared for markdowns and returns.

Markdowns 52

Markdowns Advertising Planning Cross Merchandising 52

Independent Retailer

SEPTEMBER 5, 2022

Of course, this level of demand could not be maintained, and in 2022, they dropped considerably. Among them, a global supply chain crisis — rife with driver shortages and lengthy shipping times — buttressed by a lack of resources and skyrocketing costs was brought on by the Ukraine war. The result?

Drop-Shipping 89

Drop-Shipping Markdowns Planning Returns 89