Remove Location Remove Loss Prevention Remove Payment Services Remove Visual Merchandising
article thumbnail

Retail Returns Increased to $761 Billion in 2021

VMS

The most common types of payment used during the original purchase that led to a return were credit cards (22.78 The post Retail Returns Increased to $761 Billion in 2021 appeared first on Visual Merchandising and Store Design. The categories with the highest return rates were similar to 2020 metrics: auto parts (19.4

Returns 52
article thumbnail

These Were the Top Retail Stories of 2022

VMS

But backrooms filled up, investment money dried up, inflation cut into consumable income, workers sought to organize and loss prevention became a top-of-mind concern. Starbucks workers organized at many locations in 2022. location voted in favor of starting a union. It was the third company-owned location to so vote.