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DoorDash Debuts Package Pickup Service to Streamline Returns

Retail TouchPoints

Consumers can attach prepaid shipping labels to their returns or send a shipping QR code directly to their “Dasher” via the DoorDash app. Dashers will send confirmation photos to consumers when they drop off the items at the designated store. “We

Returns 278
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Is it Time for RFID to Shine?

Retail TouchPoints

RFID is the killer app for this for most products, and this can be augmented by the use of computervision.” Adoption also is rising because prices are dropping. In 2021, the average cost of an RFID tag was four cents , down 80% from 2011, according to McKinsey. As a result, IDTechEx expects 39.3

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Supply Chain Volume & Wholesale Prices Dropping Rapidly

Independent Retailer

After the pandemic-driven surge in consumer demand that triggered a frenzy of shipping activity and skyrocketing prices, logistics and transportation companies are signaling a fast slowdown. Shipping and wholesale prices are plunging and orders are not being placed as often. . Disruptions in the Container Shipping Industry.

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How Smaller Assortments, Lower Inventory Levels Can Maximize Post-COVID Success

Retail TouchPoints

I think this will develop rapidly, such that we’ll see just the tip of the iceberg during this holiday season and even more into the first half of 2021. Because of the dramatic increase in online/DTC sales, the order profile has changed more to shipping individual packages to consumers. What can the retailer learn from and improve?

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How Worthy Conquered Mistrust Issues In Jewelry Resale

Retail TouchPoints

With consumers seeking bargains from home, online secondhand is set to grow 69% between 2019 and 2021, while the broader retail sector is projected to shrink 15%.”. Since COVID, that percentage has dropped, although it is still our largest seller group. The platform also wanted to create a positive customer experience for sellers.

Jewelry 254
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The Difference Between Retail Freight And Wholesale Freight

Retail Minded

Supply Chain and Freight Challenges Leading to Shipping Changes. ports and the resulting supply chain issues was widely reported during the 2021 holiday season, the problem is ongoing. Recently, a study by the Royal Bank of Canada found that 20% of all of the container ships in the world are currently waiting in congested ports.

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November Retail Industry Insights

Independent Retailer

We have two more months before the end of the year hits, and Wholesale Central still has plenty of tips to help brands make it through the busiest buying season. That is a four-to-six percent increase from the 2021 season, with online retail sales growing 13-to-14 percent. Cubic Zirconia Beaded Circled Drop Earrings.