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Returns Reimagined: How Tech Can Help

Retail TouchPoints

As stores try to balance protecting profit margins while delivering a unified customer experience, the escalating cost of returns has reached a breaking point. returns reached a staggering $743 billion in 2023, representing over 14.5% As a result of this burgeoning problem, retailers have started to incorporate return fees.

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Retail’s returns challenge: How to balance customer demands and overheads

Inside Retail

Growing consumer expectations of free delivery and free returns are placing pressure on retailers who on one hand recognise customer demand, but on the other are trying to reduce their operating costs. This is especially true with women’s apparel, for example. “We’ve

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Apparel sales drive Redbubble revenue in latest half

Inside Retail

Online marketplace Redbubble says strong apparel sales across both of its marketplaces delivered a solid result in the first half. Promotional initiatives improved the proportion of revenue from repeat purchases, which increased 47 per cent during the half. As reported last month , the company’s marketplace revenue (MPR) reached $289.3

Apparel 130
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7 For All Mankind Brazil Adopts AI Sizing Tech to Reduce Returns and Waste

Retail TouchPoints

7 For All Mankind is helping customers in Brazil find their perfect fit through the adoption of AI sizing technology that the denim brand hopes will boost sales and drive down return rates, while promoting less waste in the apparel industry. The brand has implemented the MySizeID solution from MySize Inc.,

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Retail’s returns challenge: How to balance customer demands and overheads

Inside Retail

Growing consumer expectations of free delivery and free returns are placing pressure on retailers who on one hand recognise customer demand, but on the other are trying to reduce their operating costs. This is especially true with women’s apparel, for example. “We’ve

Returns 130
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2023 Wholesale Apparel Trends

Independent Retailer

A change in seasons is the second biggest driver of apparel sales, after discounts and promotions, and Spring is the biggest apparel sale season of them all. Traffic for apparel is 16 percent higher in Spring than Summer, and 52 percent higher than Fall. Your store needs to be ready to deliver in-demand styles.

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Adobe Analytics: Digital Holiday Sales Expected to Rise 2.5% to $209.7 Billion

Retail TouchPoints

increase last year, much of which was due to more shoppers returning to stores. Promotions are expected to hit record highs as retailers seek to manage inventory levels and draw in price-conscious shoppers. Heavy promotions are expected to impact margins but attract enough customers to maintain growth. billion in sales, up 2.8%

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