Remove Checkout Remove Consumer Remove Loss Prevention Remove Markdowns
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5 Major Retail Digital Transformations to Watch For in 2021

Retalon

In effect, this means a reduction of total inventories, maximized sales, and reduced markdowns. According to Digital Commerce 360 , American consumer online spending in 2020 increased 44% to $861 billion. Often, returning products to the store that fulfilled the original purchase will create inventory excesses and lead to markdowns.

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An Overview of how the BOPIS Retail Strategy is Transforming the Industry (2021)

Retalon

With increasing popularity among consumers, BOPIS ‘success last year just accelerated what was already happening. At checkout, the shopper would have multiple fulfillment options to select from – including BOPIS. BOPIS allows consumers to collect more information so they can make better decisions.