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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.

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WSJ: Amazon Mulls Closing Unprofitable Businesses, Stores in Cost-Cutting Measure

Retail TouchPoints

Additionally, Amazon has shut many of its physical stores aside from grocery, including bookshops and specialty stores, even though the retailer had a growth plan to nearly double its store footprint, according to people familiar with the plans. 10 on news of the cuts and data that showed easing inflation.

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Marketers Need to Rethink Strategies for Attracting Younger Generations

Retail TouchPoints

Predictably, BCG found that Gen Z and millennials are increasingly turning to grocery shopping over take out and online marketplaces instead of specialty stores. Supporting consumers today ensures they return to you when they’re ready to make a purchase again. Think about the reasons people are driven to you in the first place.

Marketing 164
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How Donating Masks Created A New Product Category For WestPoint Home

Retail TouchPoints

Growth can be a challenge, particularly when there’s new leadership at a company with brands that date back as far as two centuries as well as wide distribution across mass, department and specialty store and e-Commerce channels. I say that this is the return of Lady Pepperell,” Iglesia explained.

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

RETAIL MANAGEMENT SOFTWARE

They were planning to spend an average $196.31, a whopping 21% over previous record of $161.96. Respondents who were interviewed lately on their spending forecasts were quite optimistic about their household incomes, buying power and the job market in general. billion, up 32% from last year’s record $20.7

Jewelry 52
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2020 VALENTINE ECONOMICS AND GROWTH PERSPECTIVE FOR JEWELERS LOOK LIKE A DIAMOND IN THE SKY

RETAIL MANAGEMENT SOFTWARE

They were planning to spend an average $196.31, a whopping 21% over previous record of $161.96. Respondents who were interviewed lately on their spending forecasts were quite optimistic about their household incomes, buying power and the job market in general. billion, up 32% from last year’s record $20.7

Jewelry 52
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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.

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