article thumbnail

Tommy Hilfiger Amps Up Circularity Efforts with Resale in the U.S., Rental in the UK

Retail TouchPoints

Both programs are part of the fashion label’s “ Waste Nothing and Welcome All ” initiative, which, among other targets, aims to make Tommy Hilfiger a fully circular brand by 2030. The program is run through ThredUP’s resale-as-a-service offering, an enterprise solution that allows brands to operate customized resale experiences.

article thumbnail

How Walmart, PepsiCo and Brooks Running are Making Strides in Sustainability

Retail TouchPoints

Individuals and companies are finding that they can apply the lens of sustainability to virtually any part of their operations — from the raw materials used to make products to how those products are packed for shipping to handling the waste that comes from unsold food. and Canada.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

4 Back-of-the-Office Opportunities to Lift Recommerce’s Profitability

Retail TouchPoints

Recommerce, the online selling of previously owned items to buyers who reuse, recycle or resell them, is growing 11 times faster than traditional retail and is expected to reach $84 billion by 2030. Yet scaling recommerce comes with its own set of operational issues and inefficiencies. Opportunity #2: Better demand forecasting.

article thumbnail

Amazon Developments: 8 Go Stores to Close, HQ2 Expansion Paused and $200 Million Planned for Transportation Safety

Retail TouchPoints

We remain committed to the Amazon Go format, operate more than 20 Amazon Go stores across the U.S., billion through 2030 and bring more than 25,000 jobs to the region. In this case, we’ve decided to close a small number of Amazon Go stores in Seattle, New York City, and San Francisco.

article thumbnail

Resale Revs Up: eBay Enhances Refurbished Goods Offering, New Overstock Marketplace Launches

Retail TouchPoints

As product scarcity issues continue to dominate this holiday shopping season, consumers are increasingly turning to resale to get the goods — and platform operators are taking notice. eBay has expanded its refurbished goods offering, where shoppers can find discounted inventory from brands including Apple, Samsung and Dyson.

Supplies 323
article thumbnail

How Brands Can Deliver Sustainable Instant Commerce for Consumers

Retail TouchPoints

Traditional logistics networks weren’t built to handle such breakneck delivery speeds, and retailers are left trying to meet consumers’ expectations while facing ever-rising environmental impacts due to emissions-heavy overnight air shipping, cardboard overuse and even more delivery trucks clogging up city streets and spewing exhaust.

Consumer 289
article thumbnail

Resellers vs. Retailers: How to Handle the Bot Problem

Retail TouchPoints

To put this into perspective, Cowen Equity Research has predicted that the sneaker resale market will be worth $30 billion globally by 2030. By entering numerous emails and shipping addresses, the bots can get around traditional fraud detection systems. Resellers’ Operations Slow Retailers’ Progress. Bots are available to rent.