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Opinion: Consumers’ screen times gives shopping centres a headache

Inside Retail

Retail chain results for the latest financial year indicate spectacular growth in online sales and, in many instances, a dip in the average sales per store. Drawing on Australian Bureau of Statistics data, Australia Post reported that online sales claimed 16.3 billion in online sales. A tough road ahead.

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Rate of Returns Jumped 6 Percent in 2021

VMS

(PRESS RELEASE) Retailers expect more than $761 billion in merchandise sold last year to be returned by consumers, according to a report released today by the National Retail Federation and Appriss Retail. retail sales, which soared to $4.583 trillion in 2021. “As retail sales last year.

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Retail Returns Increased to $761 Billion in 2021

VMS

Retailers expect more than $761 billion in merchandise sold last year to be returned by consumers, according to a report released today by the National Retail Federation and Appriss Retail. retail sales, which soared to $4.583 trillion in 2021. “As retail sales last year. billion (10.6

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What is Omni-channel Retail?

Retail Bound

The retail landscape has been dramatically changing in recent years, forcing businesses to accommodate multiple channels when selling to consumers. When it comes to offline retail sales, one of the most popular retail channels is still brick-and-mortar stores.

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Netflix plans to build brands that span far beyond streaming

Inside Retail

The company that changed the way we watch television and movies aims to emulate the success of Mickey Mouse and “Star Wars,” by trying to build brands that traverse film, television, games and consumer products, executives told Reuters in recent interviews. ” ‘STRANGER THINGS’ TREATMENT. SCOUTING MATERIAL.

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Improving Campus Store Returns Management with Smart Technology

Parcel Pending

The State of Returns According to the National Retail Federation (NRF), consumers are expected to return over $816 billion worth of retail merchandise in 2022. This is in spite of the fact that retail sales figures have seen steady growth over the past three years. return rate in 2022. December 14, 2022.

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Brick & Mortar Remains King: The Value of In-Store Experiences

Parcel Pending

Brick and Mortar Retail Stores: A Place to Try, Touch, & Taste. Although consumer return rates normally hover between 25-30%, Narvar reports that they skyrocketed to 70% in 2020! 2 Experts predict that with virtually all stores open again, return rates will plummet as shoppers have the chance to touch and try-on the merchandise.