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Serial Returners and Refund Fraudsters: How Brands are Fighting Back With Data Insight

Retail TouchPoints

Online return fraud cost U.S. For every $100 in returned merchandise accepted, U.S. to return fraud, the NRF has calculated. While it is possible for shoppers to commit return fraud innocently simply by mis-reading the returns policy, a significant number of returns are the result of premeditation and malicious intent.

Returns 230
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What Is Inventory Financing and How Can It Benefit My Business Growth?

Rangeme

If you’re like many small- and medium-sized businesses, allocating financial resources to cover set expenses, investments, and finance growth strategies is where creativity and resourcefulness are needed. Explaining Inventory Financing. What is inventory financing? Inventory Financing through Kickfurther.

Finance 52
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Here’s Why Store Cards Are Good For Consumers

Retail Minded

While store cards can offer awesome perks like discounts, cashback, rewards points, and free shipping, it’s prudent to shop around to find the best fit for your needs. You’ll find special offers, rewards, and financing options whenever you shop at participating locations. Pretty great if you ask me!

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Swiss watchmakers grapple with fallout of Russian crisis

Inside Retail

Sanctions against Russia and a ban on exports of luxury goods mean brands can no longer ship timepieces to Russia and all the big labels have closed directly operated stores. Audemars Piguet did not return requests for comment. “We refused, of course,” he said.

Finance 130
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98% of European ecommerce consumers are using social media for product research

A1 Retail

In Germany, that number is even higher at 49% as German ecommerce consumers generally use other financing options, such as purchase on account. Confidence returning: Nearly half (47%) of European shoppers anticipate an economic improvement in the next 12 months, with 1 in 5 (20%) believing it will improve significantly.

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The Existential Threat to Ecommerce

Retail TouchPoints

By all accounts, the pandemic was a boon to ecommerce. The proliferation of the number of small and mid-sized startups give early employees a leg up: they gain supply chain, finance, capital raise and merchandising knowledge in a compressed period of time.

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Crafting Your Cosmetic Brand: Essential Considerations

365 Retail

This plan will not only help you manage your finances but also prove invaluable if you seek investment or loans. Consider using accounting software or hiring a financial advisor to help you keep track of your finances. Consider using accounting software or hiring a financial advisor to help you keep track of your finances.

Finance 52