As merchants begin to clamp down on returns, more brands are revisiting how they handle this inescapable aspect of eCommerce, with Gap the latest to announce it’s trying a new way. In a Tuesday (March 28) press release, returns technology provider Optoro announced that Gap...
Americans’ returns of unwanted holiday gifts will prove costlier for retailers, CNN wrote Wednesday (Dec. 29), particularly as retailers grapple with higher costs due to the tag-team attack of the supply chain and labor market issues. Returns processor Optoro said that this holiday season, the...
In today’s top retail news, social commerce comes with plenty of potential and pitfalls, while retailers are facing a $200 billion holiday returns scenario. Also, FloBiz rolls out a point-of-sale billing platform, and the Bring-It-To-Me economy is reshaping the retail sector. Gift Returns: The Holiday...
Need to downsize that beautiful new couch that you adore but just doesn’t fit in your living room? Or offload that new pair of trousers with the unflattering pattern that your father-in-law gifted you this holiday? If so, there’s a high likelihood that you’re about...
June 20, 2023
The age of easy clothing returns is coming to an end. A report Tuesday (June 20) by the Wall Street Journal (WSJ) says nonreturnable items are becoming increasingly common. For example, secondhand clothing seller Poshmark has seen a 61% increase in items marked “new with tags” and featuring the words “final sale” in the description […]
March 28, 2023
As merchants begin to clamp down on returns, more brands are revisiting how they handle this inescapable aspect of eCommerce, with Gap the latest to announce it’s trying a new...
December 29, 2021
Americans’ returns of unwanted holiday gifts will prove costlier for retailers, CNN wrote Wednesday (Dec. 29), particularly as retailers grapple with higher costs due to the tag-team attack of the...
December 22, 2021
Retail and logistics technology platform Optoro, Inc. on Wednesday (Dec. 22) closed a $25 million strategic funding round led by enterprise solution platform Zebra Technologies Corporation. Other investors in Optoro’s...
