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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.

Returns 225
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Funday founder on how retail has changed since Covid – and remained the same

Inside Retail

As foot traffic returned, we rapidly expanded into mass grocery, petrol and convenience; channels like Woolworths, Coles, Ampol, Coles Express and thousands more independents and specialty stores. In what ways has it returned to “normal”? DK: Yes, and it brought a huge opportunity.

Returns 130
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Retailers ride the heatwave: How Asia’s summer is driving foot traffic and sales

Inside Retail

Since it is a time when Thais return home to spend time with their families outside the major cities where they have found employment, the spending tends to be fairly well distributed around the country rather than concentrated purely in the big cities. The governments Economic and Business Forecasting Center projected a 4.5

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WSJ: Amazon Mulls Closing Unprofitable Businesses, Stores in Cost-Cutting Measure

Retail TouchPoints

Additionally, Amazon has shut many of its physical stores aside from grocery, including bookshops and specialty stores, even though the retailer had a growth plan to nearly double its store footprint, according to people familiar with the plans. 10 on news of the cuts and data that showed easing inflation.

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Hot property: What’s driving Aeon Mall’s record-high results

Inside Retail

million), due to an impairment expense and a provision for store closings. Specialty store sales at the company’s domestic malls reported growth of 5.9 Aeon not only benefited from increased rental income from these specialty tenants but costs fell too, so the profitability of the Japan business rose by a healthy 13.8

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Aeon Mall: Falling costs in Japan and rising sales abroad

Inside Retail

While profitability across its domestic portfolio was buoyed by falling costs, the revenue growth is emanating more from its newer markets in Vietnam and Indonesia, along with a tentative return to growth in China. Specialty store sales at the company’s six malls rose by 8.8 Cambodia has been a lot more problematic.

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Marketers Need to Rethink Strategies for Attracting Younger Generations

Retail TouchPoints

Predictably, BCG found that Gen Z and millennials are increasingly turning to grocery shopping over take out and online marketplaces instead of specialty stores. Supporting consumers today ensures they return to you when they’re ready to make a purchase again. Think about the reasons people are driven to you in the first place.

Marketing 165