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 295
article thumbnail

Sustainable shopping: what options are available to retailers?

Retail Focus

One example that leaps out is Lidl, which in February this year became the first supermarket to roll out its own bottle return scheme trial. Launching in 21 stores across Glasgow, the scheme offers customers unlimited cash rewards in return for empty PET plastic and aluminium drinks containers via in-store reverse vending machines.

Shopping 162
Insiders

Sign Up for our Newsletter

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

article thumbnail

NRF Reports May Sales Rebound But Full Recovery Is Still Ahead

Retail TouchPoints

For a sick economy, there is no better medicine than retailers responding to consumers who are ready to safely return to stores. The most important thing now is to keep these retail stores open for business and not penalize them by closing their doors in the event of a coronavirus surge,” Shay added.

article thumbnail

NRF 2024: Key Takeaways From Retail Thought Leaders

Retail Minded

Kicking off the week, I was grateful to return as a judge to the Vendor In Partnership Awards at the iconic Gotham Hall in Midtown. Joining me were companies that included Salesforce, ParcelLab, Slalom, Store Force, Big Commerce, Maropost and more. “Retailers should update their merchandising. Another point that came up?

article thumbnail

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.

Consumer 246
article thumbnail

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

Retail TouchPoints

With the stakes for getting returns right continuing to rise, retailers have to focus on multiple elements including the customer’s return experience and streamlining reverse logistics systems (sometimes with the help of third parties). More Online Sales Means More Returns. The big driver? Retailers across the U.S.

Returns 279