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Devising an Optimal Returns Policy for Your Business

Retail TouchPoints

For many years, permissive returns policies have been the norm in ecommerce. For the post-holiday season just past, it’s estimated that the total value of returned goods will be around $171 billion. retailers were revisiting their returns policies as of late 2022. With numbers like these, it’s no wonder that most U.S.

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Wesfarmers to merge back ends of Target, Kmart businesses

Inside Retail

Listed conglomerate Wesfarmers is merging its store networks Target and Kmart into a singular $10 billion business in a bid to boost returns and bring better value to customers. Kmart will continue to be price-driven and Target largely centred on affordable apparel and soft home furnishings, he added. “I It’s quite the opposite.”

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Bed Bath & Beyond’s rocky year: Can a new CEO lead it back to growth?

Inside Retail

Through this rebranding, we’re breathing new life into Bed Bath & Beyond, positioning it as an asset-light, e-commerce retailer with an expanded home furnishings and furniture assortment. However, according to JAT Capital Management, an activist hedge fund with a 9.6

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A Generational Analysis of Today’s Home Improvement Customers

Retail TouchPoints

For brands and retailers, that translates to taking the time to explain the process for home improvement projects and providing content that dives into the details on major home furnishings purchases. They are 200% more likely to shop for dining room, kitchen, home office and bedroom furniture in the next 12 months.

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How Rebelstork Laid the Blueprint for Responsible Resale in a New Space — Baby Gear

Retail TouchPoints

I have a four-year-old and I have a one-and-a-half-year-old, and I saw the changes in the industry regarding resale in apparel, handbags, accessories, sneakers and home furnishing, but the baby industry was a little bit dated. The shift to ecommerce has led to the highest levels of returns that have ever been,” said Hosie.

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Wayfair’s Strategy – 7 Compelling Facts You Need to Know

Indigo 9 Digital

If you are curious about how Wayfair came to dominate the online home goods market here are seven facts about Wayfair’s strategy you should consider including the challenges it faces as an eCommerce business. Wayfair launched after it consolidated 250 individual websites selling home furnishings into a single brand called Wayfair.

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Who will be retail’s winners and losers in 2024?

Retail Gazette

Its trading performance has been significantly below management expectations. “By the end of 2024, Currys could also be benefiting from an unwinding of the product replacement cycle, as the lockdown boom in laptop and home office sales starts to recede in the memory. .”