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3 Ecommerce Logistics Trends that are Changing Retail Right Now

Retail TouchPoints

The same study suggests this trend is only expected to continue: by 2027, the global retail ecommerce market is projected to grow by 39% and surpass the $8 trillion mark. As ecommerce sales continue to grow, so does the focus on logistics, enabling retailers to meet the rising demand for shipping. trillion in 2024 to $1.57

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Alibaba Supply Chain Exec Recommends Futureproofing with AI, Blockchain and Crowdsourcing

Retail TouchPoints

In 2020 he joined Alibaba, where he is now tasked with developing the company’s strategy and building platform-level solutions around international shipping, logistics, cross-border trade and global expansion. This will cause the channel to continue to narrow, further reducing ship traffic.

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Crocs, Beyond Yoga, Maje and More Add Resale Programs in Time for the Holidays

Retail TouchPoints

To participate, customers generate a prepaid shipping label from beyondyoga.thredup.com , then fill any shippable box or bag with apparel, shoes and accessories from any brand in their closet and send it to ThredUp. For items that sell on ThredUp, customers receive Beyond Yoga credit that can be used both online and in stores.

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The Rise of Omnichannel Fulfillment: Dynamic Fulfillment Networks Create Opportunities for Brands

Retail TouchPoints

billion by 2027. online shoppers expect free two- to three-day shipping.”. Paying exorbitant prices for unprofitable next-day or second-day air shipping or 2. Shipping everything via ground, which results in slow delivery times. What are your expectations for speed of delivery and the cost of shipping?

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The Top Dropshipping Statistics to Know in 2023

Ecommerce Platforms

With dropshipping, you needn’t worry about storing products, shipping goods, or managing warehouses. By 2027, the industry could be worth a phenomenal $591.8 The country falls just behind the US in terms of growth, with a projected growth of around 30% CAGR by 2027. billion by 2027. billion in 2020.

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4 Ways QR Codes are Transforming the Retail Shopping Experience

Retail TouchPoints

According to GS1 US, a member of the GS1 global not-for-profit organization that develops and maintains global standards for barcodes, by 2027, 2D (two-dimensional) barcodes will become the de facto solution for CPG brands and retailers around the globe.

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From Barcodes to Bytes: Retailers Prepare for Next-Generation UPC

Retail TouchPoints

Groundbreaking at the time, but now sorely outdated, UPCs are finally getting a facelift and moving into the 21st century thanks to the GS1 Sunrise 2027 initiative.