article thumbnail

How Retailers Can Control Costs Even As Return Rates Climb

Retail TouchPoints

Returns are a cost of doing business for any retailer. In the wake of COVID-19, returns are receiving serious (and necessary) attention for several key reasons: Retailers are spending more processing returns in stores. Returns is just one example.” . In-Store Returns Trending Up, But Not Pouring In.

Returns 334
article thumbnail

2020 VALENTINE ECONOMICS AND GROWTH PERSPECTIVE FOR JEWELERS LOOK LIKE A DIAMOND IN THE SKY

RETAIL MANAGEMENT SOFTWARE

While Department stores are the ones to get the highest traffic during Valentine’s Day (36%), followed by discount stores and online shopping (32%), specialty stores are expected to grab 19% of shoppers, whereas local small stores stand at 15% followed by clothing stores and jewelry shops tied at par with 11% of intentions.

Jewelry 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

2020 VALENTINE ECONOMICS AND GROWTH PERSPECTIVE FOR JEWELERS LOOK LIKE A DIAMOND IN THE SKY

RETAIL MANAGEMENT SOFTWARE

While Department stores are the ones to get the highest traffic during Valentine’s Day (36%), followed by discount stores and online shopping (32%), specialty stores are expected to grab 19% of shoppers, whereas local small stores stand at 15% followed by clothing stores and jewelry shops tied at par with 11% of intentions.

Jewelry 52
article thumbnail

2020 VALENTINE ECONOMICS AND GROWTH PERSPECTIVE FOR JEWELERS LOOK LIKE A DIAMOND IN THE SKY

RETAIL MANAGEMENT SOFTWARE

While Department stores are the ones to get the highest traffic during Valentine’s Day (36%), followed by discount stores and online shopping (32%), specialty stores are expected to grab 19% of shoppers, whereas local small stores stand at 15% followed by clothing stores and jewelry shops tied at par with 11% of intentions.

Jewelry 40
article thumbnail

IRI research shows rebound in consumer sentiment

Mass Relators

Despite consumer optimism and the return to some pre-pandemic behaviors, results from the Q2 Consumer Connect survey reveal that other 2020 shopping trends are sticking around. Older consumers fulfilled their pet needs at grocery and convenience stores most often.

article thumbnail

5 Ways To Rein In Costly Online Returns

Retail TouchPoints

With record-setting online sales looming on the horizon for the holiday season, retailers also are bracing for an onslaught of online returns. Those retailers selling primarily or exclusively online are expecting a corresponding hike in the volume of returns, but not much difference in the return rates they have become accustomed to.

Returns 197