Remove Marketing Remove Merchandise Store Remove Returns Remove Shipping
article thumbnail

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 298
article thumbnail

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

Retail TouchPoints

But consumers aren’t just buying items online and having them shipped to the house. RTP: In a 2021 study across market segments, IDC found that 36% of employers planned to invest in employee experience to drive growth and innovation. RTP: The recession isn’t impacting retail budgets for technology, which is great.

Consumer 252
article thumbnail

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 285