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Devising an Optimal Returns Policy for Your Business

Retail TouchPoints

Devising a new returns policy, then, entails managing a series of trade-offs that vary from one business to the next. Setting the ideal returns policy for your business, therefore, will require working across marketing and operations silos. He has a PhD in Decision, Risk and Operations from Columbia Business School.

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Address Labor Shortages by Creating Attractive Retail Career Paths

Retail TouchPoints

Tech training can create a more attractive job for some employees, because it’s a marketable skill,” said Kotlyar. Kotlyar predicted that remote consultations with associates will expand beyond apparel into the electronics and home furnishings verticals.

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Nike, Ikea, Asos join a growing list of global retailers spurning Russia

Inside Retail

Sportswear retailer Nike and home furnishings firm Ikea have shut down their stores in Russia, as the world responds to the rogue state’s invasion of neighbouring Ukraine. Russia accounted for about 4 per cent of H&M’s sales during the last quarter, making it the group’s sixth-largest market.

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City Furniture Overhauls Ecommerce Approach to Create Highly Customized Shopper Journeys

Retail TouchPoints

The home furnishing and accent retailer, which operates 20 showrooms and 13 Ashley Home Store showroom licenses in Florida, partnered with cloud commerce provider Kibo , which offered a flexible ecommerce technology that would allow CITY Furniture to develop and support highly customized customer journeys and a fluid shopping-cart experience.

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City Furniture Overhauls Ecommerce Approach to Create Highly Customized Shopper Journeys

Retail TouchPoints

The home furnishing and accent retailer, which operates 20 showrooms and 13 Ashley Home Store showroom licenses in Florida, partnered with cloud commerce provider Kibo , which offered a flexible ecommerce technology that would allow CITY Furniture to develop and support highly customized customer journeys and a fluid shopping-cart experience.

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What is Inventory Turnover in Retail? (Formulas, Benchmarks, Examples)

Retalon

As a retailer, effectively managing your inventory is critical to the success of your business. It indicates how efficiently inventory is managed and whether excess inventory is tying up too much capital. This indicates strong sales and effective inventory management practices. as apparel cycles faster than equipment.

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JD.com's Strategy, 10 Things to Know

Indigo 9 Digital

But the truth is many eCommerce trends come from the largest eCommerce market in the world, China. JD.com sells a range of products from electronics to food to apparel and has over 550 million active customers. The offline market is very important to us.” It is estimated that the community buying market was worth $36.9