Retailers have long tried to discourage returns by making the process inconvenient, hoping to avoid the financial burden of return logistics. That approach is no longer viable. Today’s customers expect returns to be just as seamless as their original purchase, and those expectations are reshaping the industry. A new report from the National Retail Federation…
Dennis Moon
In recent years, the retail landscape has undergone significant transformations, with buy online, pick up in-store (BOPIS) emerging as a popular fulfillment option. While the pandemic accelerated its adoption, retailers now face the challenge of balancing BOPIS with other methods of meeting customer expectations, like same-day delivery. According to a Capital One survey, 87 percent…
Peak season has become increasingly competitive for retailers. As more consumer spending shifts online, a convenient, seamless delivery experience has gone from a differentiator to table stakes. Shoppers expect fast, flexible, inexpensive delivery options. The Baymard Institute reports that 48 percent of cart abandonments are due to high extra costs (like shipping and fees) and…
Consumers want convenience, personalization and value — it’s what pushed the U.S. retail market to a record $5.13 trillion in 2023. As inflation subsides, what shoppers want and how they spend will keep playing a big role in how the market evolves. Retailers need to keep pace with a more connected, savvy and discerning customer…