article thumbnail

How Retailers Can Control Costs Even As Return Rates Climb

Retail TouchPoints

Return rates at physical stores range from 8% to 10% , but rise to approximately 20% for e-Commerce, according to data from CBRE. During the busy holiday season, digital return rates can spike to 30% ; and Return policies and experiences have a significant impact on customer loyalty. Normally, apparel returns are roughly 7.5%

article thumbnail

Purina Pilots Interactive Endcaps in Pet Aisles of 200 Supermarkets

Retail TouchPoints

The technology has been used in categories such as beauty, CPG and accessories, primarily in department store environments. This pilot, expected to roll out to 200 stores by the end of June 2021, represents Perch’s largest deployment in the pet category and the supermarket vertical.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Department Store Success: Best Practices for Operational Efficiency

RETAIL MANAGEMENT SOFTWARE

In today’s competitive retail landscape, department stores must continuously seek ways to enhance efficiency to stay profitable and keep customers satisfied. To help department stores optimize their operations, here are seven key best practices that can drive efficiency and success.

article thumbnail

From Supply Chains to Fitting Rooms, RFID Demonstrates its Retail Versatility

Retail TouchPoints

It’s been demonstrated many times, including at Siman Group , which operates 15 large department stores across Central America. Additionally, Siman can now perform weekly stock counts of more than 250,000 items per store; previously, counts had been limited to twice annually due to the pre-RFID complexity involved.

Supplies 264
article thumbnail

Brown Thomas Arnotts Focuses on Customer Loyalty and Omnichannel Agility with Aptos Technology

365 Retail

Brown Thomas operates five department stores in Dublin, Dundrum, Cork, Limerick, and Galway, along with a BT2 store in Blanchardstown Shopping Centre. The post Brown Thomas Arnotts Focuses on Customer Loyalty and Omnichannel Agility with Aptos Technology appeared first on Retail News and Events.

article thumbnail

To Experience the Future of Retail, You’ll Want to Go to the Store

Retail TouchPoints

For retailers that have a community of customers centered on their brand, creating in-store community spaces can increase traffic, strengthen customer loyalty and attract new customers who are seeking communities aligned with their interests. Welcome your brand community in a clubhouse space.

Retail 230
article thumbnail

Is A Neiman Marcus, Saks Merger Inevitable?

Steve Dennis

For years rumors have abounded that various forces were trying to lead North America’s two leading luxury department stores to the alter. What the current COVID-19 has amplified is that, the United States does not need two luxury department stores with nearly identical value propositions and many overlapping locations.