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4 Back-of-the-Office Opportunities to Lift Recommerce’s Profitability

Retail TouchPoints

Recommerce, the online selling of previously owned items to buyers who reuse, recycle or resell them, is growing 11 times faster than traditional retail and is expected to reach $84 billion by 2030. Opportunity #1: Cost-efficient inventory management. However, skeptics worry recommerce isn’t a profitable or scalable business model.

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Zara Parent Joins Packaging Initiative Seeking to Protect Vital Forests

Retail TouchPoints

The fashion sector as a whole is a major consumer of paper packaging for shipping boxes, ecommerce envelopes, paper bags, hang tags and paperboard boxes. This has resulted in a nearly 80% reduction in paper use within that segment of packaging along with millions in cost savings.

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Steve Madden and Dolce Vita Integrate Shoe Resale Programs into Their Websites

Retail TouchPoints

Users can submit their own product photos and descriptions and select a recommended price for their items, which will then be authenticated and approved by the respective brands to appear on the resale page. Once an item is purchased, the seller will receive a prepaid shipping label to send it to its next owner.

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Why Timber Crates Are The Smart Choice For Your Retail Shipping Needs

RetailMinded

The retail industry covers many items you can’t live without—from the food you consume to the devices that make your life convenient. This wouldn’t have been possible without technologies and the ease of shipping. billion by 2030. (1) As such, it’s one of the highest-earning sectors worldwide. million in 2022. million in 2022.

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Japanese Digital Marketplaces are Hot! What to Know About Setting Up Shop

Retail TouchPoints

Japan’s cross-border ecommerce market is growing as well: today it’s a $2 billion (USD) market, estimated to reach over $5 billion in 2030, and where new opportunities lie for U.S. Japanese consumers are extremely savvy, with purchases based on quality, value, packaging, style, reviews and of course, pricing. Japan is around 4%!

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How the Fashion Industry Can Pave the Way for a Sustainable Future

Retail TouchPoints

Focus and blame generally turn to the manufacturing, production and distribution parts of the chain, but other aspects are not usually at the forefront of the mind, especially when it comes to the consumer standpoint. In recent decades, fast fashion became incredibly popular due to its cost efficiency, both for manufacturers and consumers.

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Resale Revs Up: eBay Enhances Refurbished Goods Offering, New Overstock Marketplace Launches

Retail TouchPoints

As product scarcity issues continue to dominate this holiday shopping season, consumers are increasingly turning to resale to get the goods — and platform operators are taking notice. The auction-based website is now available to consumers in Arizona.

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