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The Quietly Growing Conundrum of Online Returns

Logistics Viewpoints

As online shopping continues to grow – retail e-commerce sales are expected to make up nearly a quarter of total retail sales worldwide by 2026 – returns will become more prevalent. In the U.S, 21% of online orders were returned in 2021, up from 9% in 2019. Compare this to the 9% returns rate of purchases made in-store.

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Consumers Are in Charge of the Digital Path to Purchase

Enterra Insights

With all generations getting more comfortable on the digital path to purchase, most retailers have adapted to this new reality and are pursuing omnichannel strategies. trillion in gross merchandise value (GMV) will move online worldwide between 2021 and 2026, more than double the amount generated by all of the leading store-based channels.”[3]

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Trends Transforming Logistics and Supply Chains In the MENA Region in 2023

The Logistics & Supply Chain Management Society

billion USD by 2026. The flexible logistics model enables omnichannel logistics operations and allows the designing of e-commerce fulfilment networks. billion by 2026. Dubai CommerCity, the first e-commerce free zone in the MENA region opened in April 2021 in Dubai. The UAE’s logistics industry is all set to reach USD 31.4

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Philippines Retail Market 2022-2026

Vinculum

bn from 2022-2026 at a CAGR of around 11.68%. The post Philippines Retail Market 2022-2026 appeared first on Vinculum Group. The retail market in the Philippines is at its pinnacle to attract a large crowd in terms of sales. The market has been monitored regularly in the Philippines and is expected to grow by $70.67

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Retail Apocalypse Predicted to Continue

Enterra Insights

Howland reports, “[UBS] analysts’ best case estimate is for 75,000 stores to collectively shutter by 2026, if e-commerce penetration rises from today’s 16% to 25%.” AI can also be used to help retailers optimize their supply chains, improve forecasting and inventory management as well as omnichannel order fulfillment.

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Running Seamless 3PL Operations in the Midst of Supply Chain Chaos

Turvo

trillion by 2026 due to the COVID-19 epidemic. Warehouse automation may help with storage and retrieval, while omnichannel distribution support can help with intelligent sales fulfillment. The global demand for 3PL (third-party logistics) services is increasing due to the rapid rise of e-commerce.

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Top 10 Logistics Trends That Could Impact Supply Chains in 2022

Locus

Billion by 2026, growing at a CAGR of 9.28% from 2019 to 2026. Omnichannel fulfillment: The new reality . A decade back, omnichannel logistics would have meant a luxury or irrelevant. 4% and 1% consumers value product availability and return at stores for omnichannel delivery. More Focus on Last-Mile Delivery.