Returns are climbing, placing growing pressure on retailers to protect margins and recover lost value. Here's how ecommerce ...
In 2023, consumers returned retail purchases worth a substantial $743 billion—about 14.5% of all sales. Considering all the lost sales and expenses of transporting and handling products again, the ...
MIAMI--(BUSINESS WIRE)--ReturnPro (formerly goTRG), the industry leader in returns management and reverse logistics, is excited to announce the launch of ReturnPro for eCommerce Brands and Marketplace ...
Nishith Rastogi is a Founder & CEO of Locus, a leading-edge technology company helping 300+ global enterprises gain excellence in logistics. When it comes to returns, retail businesses are often stuck ...
Editor’s note: This article first appeared on the University of Tennessee, Knoxville’s Global Supply Chain Institute’s blog. It is being reprinted with permission. You can read the original post here.
LONDON--(BUSINESS WIRE)--TikTok Shop and ReBound by Reconomy have announced a new partnership that will simplify the returns process for customers and brands. Rakhshan Zahid, Chief Executive of ReUse ...
In today’s world of direct-to-consumer (DTC) delivery, it’s no longer enough to design an efficient warehouse layout or anticipate staffing levels to meet demand. Warehouses today must consistently ...
Returns are a notorious problem with online shopping. But over 75 percent of companies surveyed by ReverseLogix don’t actually know how much those returns costing, according to the company’s new study ...
Analyst Insight: The goTRG & SupplyChainBrain Retail Returns Sustainability Report 2024 presents insights from our co-branded survey exploring the evolving landscape of sustainable practices within ...
Supply chain management company Blue Yonder announced Tuesday it has acquired returns management company Optoro. Optoro, which boasts clients like Ralph Lauren, Steve Madden, Gap and Vineyard Vines, ...