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How Retailers Can Control Costs Even As Return Rates Climb

Retail TouchPoints

Returns are a cost of doing business for any retailer. In the wake of COVID-19, returns are receiving serious (and necessary) attention for several key reasons: Retailers are spending more processing returns in stores. However, apparel and department stores are elevated. Normally, apparel returns are roughly 7.5%

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Boscov’s Expands and Adds Flexibility to Dropship Program

Retail TouchPoints

Department store chain Boscov’s is expanding its dropship capabilities through a new partnership with Logicbroker. “Logicbroker’s technology has modernized and streamlined this process, connecting us to our suppliers faster than ever and with a lower cost of ownership. .

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Free Shipping, eh? How Canadian Retailers Combat Cart Abandonment Issues

OrderDynamics

Free Shipping, eh? of retailers with e-commerce sites offer standard Free Shipping with a minimum purchase. Choice, convenience, and being able to shop for competitive pricing are many of the reasons why consumers continue to direct many of their dollars online. How Does Free Shipping Benefit Retailers AND Consumers?

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#RSP22: Everything You Need to Know About Holiday 2022

Retail TouchPoints

The Retail TouchPoints 2022 Retail Strategy & Planning (#RSP22) webinar series, now available on-demand, offered a wealth of tips and best practices across critical areas including pricing, location-based technology, inventory management and marketplaces. YOY growth this holiday season, whereas department stores will only see a 0.3%

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Cyber 10: What You Need to Know (& How to Maximize Sales During Them)

Omnisend

How much prices drop on Cyber Monday doesn’t matter as much as you may think. The answer is it really does depend on each business, your pricing, profit margins, and your goal with the sales. With tier discounts, you’re lowering the unit cost as the customers buy more. Free Shipping. 8 Tips For Cyber 10.

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The Future of Shopping: What to Expect in 2032

Retail TouchPoints

Specific robotic use cases will continue to be redefined as the cost of manufacturing drops and the reliability and capabilities of the technology improve. You will be able to overlay the digital world onto your day-to-day life, and mesh with in-store networks to interact, browse and check out while in the store or just passing nearby.

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The Need for Delivery Speed Drives Holiday Hiring

Retail TouchPoints

Holiday hires will help retailers leverage their store-based omnichannel fulfillment capacity through buy online, pick up in-store (BOPIS), curbside pickup, home delivery and ship-from-store services. The pandemic has negatively impacted the department stores’ businesses.