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Answering the $100 Billion Question: How Can Retailers Combat Refund Fraud?

Retail TouchPoints

In 2023, fraudulent returns accounted for a staggering 13.7% In these cases, customers dispute legitimate charges with their credit card companies, falsely claiming non-receipt of goods or dissatisfaction with services received. Refund fraud is a significant issue for U.S. retailers, costing billions of dollars annually.

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Gen Z will rewrite the rules of Australian retail

Inside Retail

Social commerce will dominate By 2029, social commerce driven by platforms like TikTok and Instagram will account for a substantial share of Gen Zs purchases. Fast and frictionless checkouts leveraging mobile payment systems and self-service options. Offer customisable products or services to align with individual tastes.

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Essential Ecommerce Statistics Every Business Should Know for Success

Small Biz Trends

Future Trends: Ecommerce is projected to account for 24% of all retail sales globally by 2025, indicating the importance of embracing technology, automation, and mobile optimization for sustained growth. Protecting your customer data with secure payments and data encryption builds trust and fosters customer loyalty.

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Understanding Amazon Statistics: Insights for Sellers and Marketers

Small Biz Trends

Technology Adoption Cloud Computing: Amazon Web Services (AWS) dominates the cloud computing market, contributing to its overall revenue. E-commerce Innovation Fulfillment Centers: Amazon operates over 175 fulfillment centers globally, streamlining inventory and delivery processes. In 2023, it accounted for 37.6%

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Malls’ New Success Strategy: Attracting Gen Zers Hungry for Social Contact

Retail TouchPoints

Some of the most successful places like Rick Carusos The Grove and Scott Malkins Belmont Park Village are rooted in luxury hospitality, with champagne-accompanied shopping, personalized concierge services, integrated apps (not just a map) and order-ahead options, in addition to many more a la carte hospitality features.

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Amazon opens robotic fulfillment center in Massachusetts

Retail Dive

Daily Dive M-F DTC Weekly Every Tuesday Marketing Weekly Every Wednesday Tech Weekly Every Thursday Operations Weekly Every Monday By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. You can unsubscribe at anytime. About 32 million items are in-stock at the fulfillment center, per the press release.

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Tailored Brands taps former J.C. Penney merchant John Tighe as CEO

Retail Dive

Daily Dive M-F DTC Weekly Every Tuesday Marketing Weekly Every Wednesday Tech Weekly Every Thursday Operations Weekly Every Monday By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. In March, its Men’s Wearhouse banner added a gift list registry service through a partnership with MyRegistry.com.