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Stores Have a Mission: Getting You to Keep That Thing You Bought Online

La Nouvelle Tribune     The surge in pandemic-fueled online shopping has created a new urgency to solve a decades-old problem: returns. Companies such as Walmart Inc. and Amazon.com Inc. are telling customers to keep unwanted items. Some retailers are introducing virtual dressing rooms and made-to-measure clothing so that shoppers keep more of what they buy. Others are scoring shoppers based on their return rates, much the way credit-ratings firms tally consumers’ credit...
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Source: lnt.ma

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Amazon, Walmart Tell Consumers to Skip Returns of Unwanted Items

Amazon, Walmart Tell Consumers to Skip Returns of Unwanted Items In some cases, it’s cheaper for the retailers to refund the purchase price and let customers keep or donate the products How will the pandemic affect America’s retailers? As states across the nation struggle to return to business, WSJ investigates the evolving retail landscape and how consumers might shop in a postpandemic world. By Retailers have a new message for consumers looking to return an item: Kee...
British Columbia Amit Sharma Lorie Anderson Narvar Inc Walmart Inc Retail Wholesale
Source: wsj.com

Today's Headlines: Trump finally signs the bill

Advertisement The measure renews enhanced jobless benefits that have been a lifeline for those thrown out of work by the still-raging pandemic, which has killed more than 333,000 Americans, and provides funding for distributing COVID-19 vaccines. It also keeps the government afloat for the rest of the fiscal year, which ends in September. Before signing, Trump had spent much of the weekend golfing and lashing out at members of his own party, as millions of people lost enhanced unemployment bene...
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Holiday shopping: Retailers brace for flood of returns

NEW YORK – A huge surge in online shopping has been a savior for retailers during the pandemic, but it comes at a price. Shoppers are likely to return twice as many items as they did during last years holiday period, costing companies roughly $1.1 billion, according to Narvar, a software and technology company that manages online returns for hundreds of brands. Retailers dont want the returns, but they do want shoppers who may not feel safe going to stores to be comfortable buying things they...
United States Santa Monica Dick Pirozzolo David Sobie Sara Skirboll Narvar Inc

Retailers expect flood of returns from online shopping

Print A huge surge in online shopping during the pandemic has been a savior for retailers, but it comes at a price. Shoppers are expected to return twice as many items as they did during last year’s holiday period, costing companies roughly $1.1 billion, according to Narvar Inc., a software and technology company that manages online returns for hundreds of brands. Retailers don’t want the returns, but they do want shoppers — who may not feel safe going to stores — to be comfortable buy...
Dick Pirozzolo David Sobie Santa Monica Sucharita Mulpuru Rachel Sakelaris David Bassuk

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