article thumbnail

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

Retail TouchPoints

This simple program helps ensure the sellable items end up back in front of consumers while the other jeans and jackets get shipped to the recycling facility. Global retailers can most profitably leverage recommerce by identifying high-value items for resale with big enough margins to make shipping across borders profitable.

article thumbnail

CPG Brands: Leverage Shipper Intelligence Technology Amid Supply Chain Challenges

Retail TouchPoints

Technology Leads to Category Leadership Shipping technology has significantly improved in recent years and is now a massive determinant of CPG brand success. Andrew Lynch is President and Co-founder of Zipline Logistics , an award-winning North American 3PL that specializes exclusively in the transportation of retail consumer goods.

Supplies 277
Insiders

Sign Up for our Newsletter

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

article thumbnail

Salesforce Predicts Just 1% YoY Online Sales Growth for U.S. Holiday Season

Retail TouchPoints

“For the back-to-school season, 42% of consumers say they are spending more, but 57% are trading down for lower prices,” said Caila Schwartz, Director of Consumer Insights and Strategy for Retail and Consumer Goods at Salesforce during an Aug. 22, 2023 briefing.

article thumbnail

8 Ways Dropshipping is Empowering eCommerce Business

lateshipment

The strategy ensures that there are no consumer goods in stock. It is up to manufacturers and wholesalers, rather than dropshippers, to ensure that customers get their goods at designated places. In some scenarios though, dropshippers purchase their products from wholesalers and sell them to the consumers in turn. .

article thumbnail

Supply Chain Crisis in the US: Causes, Effects, and Corrective Measures

lateshipment

Consumer goods demand is overall 22% higher compared with pre-pandemic levels (comparing February 2020 with August 2021). – Washington Post If these disruptions don’t seem enough to lose revenue, your shipping and freight costs are known to increase, leading to a cut down on your customers’ discounts in order to meet ends.

Supplies 147
article thumbnail

Amid Supply Chain Woes, One Area of Retail Has a Product Glut — Resale

Retail TouchPoints

For example, online apparel reseller ThredUP recently announced plans for a new 600,000-square-foot distribution center in Texas that will expand its capacity by 150% to meet growing demand on the part of both sellers and buyers of used goods. The rise of resale couldn’t have come at a better time. over the past five years. billion this year.

Supplies 279
article thumbnail

Digitally Reinventing The Retail Store With Mobile

RTP blog

Apple + IBM Partner ship The recent bankruptcies and shuttering of apparel brands such as The Limited, American Apparel and Aéropostale, combined with declining sales at some brick-and-mortar stores, point to the demise of the physical store. By Rodney Bryant, ?Apple

Mobile 300