Contract logistics provider DHL Supply Chain, which is part of the DHL Group, has expanded its reverse logistics solutions by acquiring Inmar Supply Chain Solutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The surge in online shopping and practices like “bracketing”— ordering multiple sizes or variations with the intent to return unwanted items — has significantly increased return volumes, posing logistical and financial challenges for retailers, according to Hannah Bravo, CEO at Loop Returns. Get the Full...
Artificial intelligence (AI) helped holiday sales reach record levels this year, new Salesforce data shows. 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,...
The holiday season is the golden quarter for eCommerce, where businesses pull out all the stops to maximize sales. Yet, as the festive glow dims in January, a challenge of equal magnitude looms above the retail landscape: the holiday returns season. Get the Full Story...
January 06, 2025
The surge in online shopping and practices like “bracketing”— ordering multiple sizes or variations with the intent to return unwanted items — has significantly increased return volumes, posing logistical and financial challenges for retailers, according to Hannah Bravo, CEO at Loop Returns. Get the Full Story Complete the form to unlock this article and enjoy […]
October 17, 2024
Returns fraud is a growing global issue, costing retailers billions annually. Recent estimates suggest that fraudulent returns account for up to 13% of total returns in the U.S., significantly impacting...
September 21, 2023
From November 2022 to mid-January of the current year, no less than 10% of weekly orders were subject to returns. Get the Full Story Complete the form to unlock this article and...
March 28, 2022
As goes online sales growth, so grows the ocean of returns generated for any number of reasons, from fit to finances. The National Retail Federation (NRF) recently put a number...
January 15, 2025
Refunds platform Reshop has raised $17 million in funding and picked a new CEO. 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 […]
January 09, 2025
Contract logistics provider DHL Supply Chain, which is part of the DHL Group, has expanded its reverse logistics solutions by acquiring Inmar Supply Chain Solutions. Get the Full Story Complete...
January 06, 2025
Artificial intelligence (AI) helped holiday sales reach record levels this year, new Salesforce data shows. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
December 01, 2024
Stricter return policies reportedly have some shoppers rethinking their choice of retailers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
