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Retail Returns: The Key to Driving Business Growth

ToolsGroup

Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. Yet, in today’s omnichannel world, retail returns are key to driving business growth, thanks to their ability to enhance the customer experience, minimize losses, and preserve long-term revenue.

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Surviving an Economic Downturn in the Retail Sector

Enterra Insights

Correspondent Melissa Repko reports that it might take some time for retailers to figure out how consumers are going to behave over the coming months. Plus, Americans’ spending spree during the earlier years of the pandemic, fueled by stimulus money, boredom and socked-away savings, have made for tough comparisons.”[2]

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Four Ways of Using Cluster Analysis in Retail Management to Improve Sales

Logistics Viewpoints

The retail industry is rich with data. Four Ways of Using Cluster Analysis in Retail. Retailers can apply cluster analysis techniques in different ways to find groups of customers, products, stores, or suppliers that behave similarly. There are different ways of doing store cluster analysis.

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Editor’s Choice: Singles Day – A Retail Revolution

Logistics Viewpoints

E-commerce in China has developed rapidly in the past decades, with currently over 25% of total retail sales generated online. 11 th in 2009 and subsequently adopted by other e-commerce platforms and retailers. In comparison, the total sales of Black Friday and Cyber Monday in the US was around $19.8 trillion in 2021 to $3.0

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The Top 15 Retail Trends for 2022

ToolsGroup

The wonderful world of retail. The Retail Trends Shaping How We Shop in 2022. The Retail Trends Shaping How We Shop in 2022. From a digitally-transformed shopping experience to global supply chain disruptions and a pandemic that refuses to quit, there’s one thing retailers can count on: People are always going to shop.

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Why Mastering E-Commerce Shipping Strategies Will Help Retailers Avoid the “Retail Apocalypse”

GlobalTranz

The retail apocalypse has received plenty of attention over the past three years. Brick-and-mortar stores that understand the invaluable role of e-commerce in relation to omnichannel supply chain success can help retailers avoid the retail apocalypse. GET YOUR COPY HERE. Download White Paper.

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Who's Really Running Your Retail Operation?

C3 Solutions

This article is part of our Retail Program. Designed specifically to support global leaders by aiding in creating a strategic plan to help them win the retail game. These systems are the brains that help retail operations stay ahead of the competition, by enabling the addition of new automated systems. Learn more about it now!