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The Waste Management Challenge of the Holiday Season

Retail TouchPoints

The holiday season brings a surge in shopping, both in-store and online. From mountains of packaging to returned products that may contain hazardous materials, management of returned, damaged or expired products becomes increasingly complex and voluminous during the holidays and post-holiday season.

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Can Nearshoring Prevent the Next Supply Chain Crisis?

Retail TouchPoints

While we’ve returned to some sense of normalcy, the VUCA [volatile, uncertain, complex and ambiguous] proposition has become a reality,” said Dr. Thomas Goldsby, Professor and Chair in Logistics in the Supply Chain Management Department of the University of Tennessee. RTP: What impact do returns have on supply chain costs?

Returns 306
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In the Wake of ‘Returnageddon’ Retailers Seek New Solutions to an Age-Old Problem

Retail TouchPoints

It was the kind of “-geddon” that could be seen coming from a mile away — a perfect storm combining an ecommerce boom; retailers, fulfillment centers and shipping providers that were already stretched thin by a global pandemic; and the historically hectic holiday season looming. More Online Sales Means More Returns.

Returns 328
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Forrester Forecast: Online’s Share of U.S. Sales to Top 29% by 2029

Retail TouchPoints

Additionally, the growth rate for total (online and physical retail) sales has returned to pre-COVID levels, climbing 4.1% The research and technology firm projects that online U.S. retail sales will increase from $1.2 trillion in 2024 to $1.8 trillion in 2029, a five -year compound annual growth rate (CAGR) of 8.4% this year to 29.3%

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How Technology is Supporting the Era of ‘Value’ and ‘Values’

Retail TouchPoints

Depending on the value add, there will still be those investments if they can justify and validate the return in a short timeframe. Some capabilities will be subtle, even invisible, and support unique shopping missions as they span across the physical and virtual worlds.

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