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How AI-Driven Search and Personalization Boosted AOV 5.5% for Freedom Furniture

Retail TouchPoints

First Step: Expanding the Online Offering Part of the reason for that low number was the fact that the companys website only featured a subset of products and minimal fulfillment capabilities. One of the key strategic goals was increasing online sales, which had previously accounted for approximately 6% of all sales.

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4 Ways Ecommerce Returns Will Change in 2022

Retail TouchPoints

Ask any retailer or consumer and they’ll agree on this point: ecommerce returns are a problem — albeit for diametrically opposed reasons. Meanwhile, more than three in four (78%) consumers say they’ve had an inconvenient online returns experience recently, per Pitney Bowes latest BOXpoll survey. consumers love the USPS.

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5 Ways To Rein In Costly Online Returns

Retail TouchPoints

With record-setting online sales looming on the horizon for the holiday season, retailers also are bracing for an onslaught of online returns. Those retailers selling primarily or exclusively online are expecting a corresponding hike in the volume of returns, but not much difference in the return rates they have become accustomed to.

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Eyebuydirect Establishes First Physical Location in California’s Orange County

Retail TouchPoints

Eyebuydirect has made its first foray into physical-world retailing with a 140-square-foot kiosk featuring a pared-down assortment of 400 pairs of glasses. Whether they place the order there or from their own device, glasses will be delivered within seven to 10 business days; returns and exchanges will be processed online.

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Costco Doubles Down on Ecommerce With Pickup Locker and Marketplace Expansions

Retail TouchPoints

Other recent ecommerce innovations, and plans for the near future, include: Adding same-day grocery delivery in Texas through a partnership with Uber ; Making it easier for members to reschedule ecommerce deliveries, returns and pickups; Improving labels on fulfillment options to let shoppers easily determine what is available where, including whether (..)

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The Future of In-Store Tech: How Digital Innovation is Shaping Retail

Retail Focus

For instance, AI-powered virtual assistants can provide product suggestions based on previous shopping habits, while interactive kiosks offer tailored promotions and inventory updates. These technologies not only enhance convenience but also reduce returns by helping shoppers make more informed decisions.

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Amazon’s Move Into the Malls

Retail TouchPoints

Amazon recently announced that it is in talks with mall operators such as Simon Property Group to convert the vacant store space left by the closure of big department stores into warehouses and fulfillment centers. Amazon can display larger items, on which return rates are high, and which can benefit from such showrooming.