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One in 10: How retailers can navigate the looming threat of “returns fraud”

Inside Retail

Returns present a complex challenge for retailers of all sizes, not only contributing to their carbon footprint, but also eroding their profit due to the cost of managing and paying for reverse logistics and, in some cases, leading to fraud. Meanwhile, the use of returns by customers continues to grow in popularity.

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The Looming Spike In Returns Abuse

Retail TouchPoints

Consumer-friendly and flexible return policies can be the difference between getting a new customer and losing a sale. According to proprietary research conducted by Forter, 23% of shoppers will abandon their carts if returns options are poor. Returns Abuse And Customer Expectations. This is amplified in some industries.

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How Square for Retail can help run all aspects of your retail business

Inside Retail

This month, Square is launching a special promotion for Australian retailers, offering 20 per cent off selected hardware – exclusively for companies with an Australian Square account. Square’s system also allows retailers to accept returns at any location and seamlessly process exchanges. Offer not valid with guest checkout.

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Amazon Return Pallets For Sale: How to Profit

Independent Retailer

A big trend among some online sellers is buying Amazon return pallets and overstock and flipping the items for big markups. What are Amazon Return Pallets? Why Would You Want Amazon Return Pallets? Where to Buy Pallets What is the best time to buy Amazon return pallets? What is the Process?

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Beyond Inc.’s New Chairman Reveals ‘Bigger and Better’ Plans for the Business

Retail TouchPoints

Retail veteran Stacey Shively has joined the company as Chief Merchandising Officer to lead that effort, while new Chief Marketing Officer Angela Minor will focus on another key objective of the brand’s revival: driving home the role of BB&B in customers’ major life events, such as getting married, having a baby and going off to college.

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Zalando cuts 2023 sales forecast as demand stays weak

Inside Retail

Zalando, a multi-brand platform that sells clothes, shoes, accessories, and beauty products, has been hurt by a pullback in online shopping after a Covid-19 pandemic-era boom, a trend that has also bruised smaller online-only retailers like Asos and Boohoo. per cent over the quarter. Gross margin for the third quarter fell, however, to 36.7

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Informa Markets Fashion Making NY Debut

Independent Retailer

Informa Markets Fashion , host to premier fashion trade events, including MAGIC , COTERIE , PROJECT , and SOURCING at MAGIC , announced the debut of a new, twice-annual women’s and children’s East Coast market event, MAGIC New York.

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