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Overstock Teams with UPS to Tackle Home Furnishings Returns

Retail TouchPoints

The new doorstep returns pilot comes as Overstock.com completes its transition into a furniture-only online retailer, after 18 months spent exiting all non-home categories. As the fourth -largest online retailer of home furnishings in the U.S., 30, 2022, and customer count dropping 22.6%.

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Adobe: Consumers Will Spend More Online in First 10 Months of 2021 than All of 2019

Retail TouchPoints

New data from the Adobe Digital Economy Index highlights the staying power of online shopping habits formed during the pandemic, seemingly answering one of the biggest questions of the year: will ecommerce continue to grow, or settle down to pre-pandemic levels? In August 2021, online prices were up 3.1% on desktop (up 1%) and 1.9%

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Devising an Optimal Returns Policy for Your Business

Retail TouchPoints

Amid rising costs and fears of a looming recession, however, online retailers are finding they can no longer afford the level of generosity that customers have come to expect. According to the National Retail Foundation, only 11% of returns nationwide fall into this category. This underscores the sector’s thorny dilemma.

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5 Ways Home & Decor Brands can Optimize the Shopping Experience

UpSellIt

With shoppers continuing to dress every part of their home, it’s more important than ever to optimize the home & decor shopping experience. The Rise of Home Furnishings Ecommerce. Home is where the heart is, and ecommerce is where the opportunity is. So, retailers are ramping up their online efforts.

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Made.com presses button on London listing

365 Retail

Online furniture seller Made.com has unveiled plans to float on London’s stock market in a move set to value the group at a reported £1 billion. Its stock market debut comes amid a boom in demand for home furnishings during the pandemic, as well as a shift towards online retail. million, up from £15.9

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Many unhappy returns: E-commerce’s Achilles heel

Steve Dennis

The fact that very few online dominant brands’ profit margins exceed those of “traditional” retailers is one clue that this isn’t true. At the risk of oversimplification, this means that to make money online gross profit/order needs to exceed the variable costs associated with that order.

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Retail apocalypse? Maybe it’s time to worry about a disruptor meltdown?

Steve Dennis

They also garner significant consumer interest and generally wreak havoc with the sales and margins of the industry incumbents challenge. As such, it’s hard to argue that they haven’t been disruptive to most major retail categories. The incremental benefits consumers receive are also impressive. respectively).

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