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eBay Hires Former Meta Commerce Leader as Chief Product Officer

Retail TouchPoints

Garcia will report to eBay CEO Jamie Iannone and will manage the marketplace’s Core Product organization and cultivate tech-led reimagination to improve the user experience. “We This move represents a return to eBay for Garcia, who spent 11 years within the company’s search and buyer experience beginning in 2003.

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Customer returns: Five fundamentals to recoup revenue

365 Retail

of global sales in 2017, to 21% in 2022. But with great gains come great returns. Significant revenue gets lost when mass quantities of orders are returned, leaving retailers with a ton of inventory that is then discounted, liquidated, or even thrown out. Optimise Your Returns Validation with Data. In a store?

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4 Critical Steps for Optimizing Omnichannel Order Fulfillment in 2021

Retalon

Omnichannel order fulfillment that drives customer experience (and boosts profits). Although the trend towards omnichannel fulfillment is not new, the pandemic changed many retailers’ business models almost overnight, and these changes are not going away. What is omnichannel order fulfillment in retail?

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Huboo Expands Product Lineup After Year of Unprecedented Growth

365 Retail

Global fulfilment platform Huboo has expanded its product range by investing in a raft of new services following a significant year of financial, client and commercial growth. Huboo is on track to help facilitate at least £320m of business in 2023 alone.

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5 Things to Know About Amazon’s New ‘Style’ Clothing Stores

Retail TouchPoints

Other tech integrations that will enable a “seamless and elevated shopping experience” include new inventory management systems , new technology to support customer service and the Amazon One palm recognition payment system for fast checkout. There will be humans working the store too. You can bet Amazon brands will be in the spotlight.

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Why Investors are Racing to Buy Up Amazon’s Hottest Third-Party Sellers

Retail TouchPoints

Rollup firms are typically able to buy these Amazon businesses at anywhere from 4X to 6X EBITDA, sometimes less, according to Thomson: “As long as you manage to keep the same efficiency that any one of those accounts had when they were a standalone, you can get a 15X to 25X valuation on your company. How Long Can the Gold Rush Last?

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Inside AEO’s Inaugural ESG Report: A Blueprint for a Better World 

Retail TouchPoints

billion gallons of water saved by jeans factories since 2017; People: More than $46 million donated to charitable organizations championing mental health, youth empowerment, education and the environment since 2012; and Practices: 88% of AEO’s Board of Directors are unaffiliated with the company (i.e.

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