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Curbing the $890 Billion Return Problem: Proactive Solutions for Retailers

Retail TouchPoints

With the holiday season just concluded, the challenge of managing merchandise returns is a reality for many retailers. According to the latest data from the National Retail Federation (NRF), merchandise returns are projected to reach an astounding $890 billion in 2024, accounting for approximately 16.9%

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Has Amazon Finally Cracked the Code for Grocery Retailing?

Retail TouchPoints

Pickup/Returns Counter, Eat-in Caf Highlight Larger Ambitions Two notable additions to the standard grocery store design stand out: A large in-store counter and separate entrance for Amazon.com order pickup and returns ; and a large eat-in caf area at the front. That said, 180 million U.S.

Checkout 284
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The Login Effect: The Role of Customer Authentication Psychology in Retail Success 

Retail TouchPoints

This login effect means that first impressions of your retail site are often formed during account creation and that all future login interactions impact your customers’ perception of your retail experience.   This explains why guest checkout is so critical for retailers these days.

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Adidas’ Adoption of Buy with Prime Signals Growing Legitimacy of Amazon Offering

Retail TouchPoints

Introduced in April 2022 , Buy with Prime allows brands to offer the benefits of Prime membership including fast free delivery, easy returns and 24/7 customer support to customers on their own DTC platforms. During checkout, shoppers will see an option to log in to their Amazon account and verify their Prime membership.

Checkout 216
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Ahead of the Holidays, Here’s What Ecommerce can Learn from Self-Checkout Shortcomings

Retail TouchPoints

As ecommerce has become a part of everyday life, customers have felt empowered to take control of their checkout experiences both in-store and at home. A recent study found shoppers of all demographics are warming up to the idea of self-checkout, seeing it as a faster option that eliminates the need to wait in line.

Checkout 289
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Aldi introduces £10 pre-payment to enter its checkout-free store

Retail Gazette

Aldi has started taking a 10 deposit from shoppers looking to enter its checkout-free store in Greenwich. However, customers may be left waiting several days for the 10 to return to their account if they walk out empty handed. The deposit is then deducted from the cost of the shop on exit.

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Turn Your Store Associates into Superheroes with These Four POS Capabilities

Retail TouchPoints

And process returns of stuff people don’t want! Your POS system needs to account for that. Each device can perform core transactional functions — such as the ability to accept card and cash payments and scan products for efficient checkouts — offline. the fulfillment scenarios really are endless. Keep the stores tidy.