New Approaches To Retail’s Last Mile And The Circular Economy

By  |  February 24, 2020
 | 
New Approaches To Retail’s Last Mile And The Circular Economy

The fact that the last mile is the hardest mile has become something of a truism in online shopping. Bond, however, aims to help even the smallest online brands improve their logistical offerings by allowing them to deliver products and accept returns. And in fashion retail, Gap Inc. is teaming with thredUP to allow shoppers to exchange their secondhand clothes for a shopping credit as they support the circular economy. All this, Today in Data.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Today in DataData: 

    56 million: Number of women who bought secondhand products in 2018.

    30: Approximate number of retailers in New York for which Bond manages post-purchase logistics.

    $15 million: Amount of funding Bond landed in a recent investment round led by Lightspeed Ventures.

    6: Number of additional nano distribution centers Bond plans to open in the NY metro area by March.

    Advertisement: Scroll to Continue

    2: Number of additional cities Bond plans to expand into by the third quarter of 2020.


    Recommended

    Coinbase

    Coinbase Files Lawsuits Challenging States’ Efforts to Control Prediction Markets

    BNP Paribas

    BNP Paribas Unveils AI Tool for Investment Teams

    Coinbase

    Coinbase Launches Stablecoin-as-a-Service to Help Businesses Create Their Own Tokens

    AI, eCommerce, online shopping

    AI-Driven Convenience Is Replacing Traditional Shopping for Consumers

    See More In: , , , , , , , , ,