Retail: Page 19

Why Warehouses of the Future Need to Be Intentionally Designed

When implementing Industry 4.0 technologies and designing your next facility, bear in mind these principles.

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Online Returns Could Rake in $82.1B This Holiday

E-commerce sales are predicted to increase by 7% this holiday season to $273.7 billion, according to the National Retail Federation. CBRE calculates a maximum value for this season’s returns of online purchases at $82.1 billion.

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Sourcing Solutions

Managing Retail Returns Requires a Balanced Approach

By understanding why returns are happening and taking responsibility for volumes, retailers can put in place corrective actions that address the impact returns have on retail’s traditional linear, go-to-market-oriented supply chain.

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Consumers Expected to Spend Less on Groceries, CPG Goods in 2024: Study

AlixPartners LLP

Financial difficulties will lead EMEA consumers to shop less frequently and spend more cautiously across various non-essential retail and leisure categories in 2024.

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Brick-and-Mortar Businesses Lost $1M in Revenue Last Year

Motive, formerly KeepTruckin

Companies with physical locations lost $867,634 in revenue on average in the last year as a result of rising costs, economic instability, labor issues, supply chain disruptions, and operational inefficiencies, according to new research from Motive.

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Unreliable Delivery Experiences to Drive Consumers Back to In-Store Shopping

Despite healthy skepticism (48%) of the reliability of home delivery, most consumers (59%) plan to use online shopping for most of their holiday purchases, according to new results from Blue Yonder.

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Warehouse Automation Market to Return to Full Growth in 2024

Interact Analysis

Warehouse automation order intake will begin to grow again in 2024 after the market suffered a tough 2023, albeit at a low rate, according to research from Interact Analysis.

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Consumer Product Retailers Turn to Regional Sourcing Amid Global Disruption

Balancing cost and resilience will be vital as more than 40% of consumer products and retail organizations anticipate stockouts during this holiday season, and nearly 40% expect late deliveries, according to a recent survey from Capgemini.

Stock Predictive Analytics

Finish the Year Strong: 4 Key Areas to Focus for Long-Term Success

PathGuide Technologies, Inc.

Distributors with the ability to recognize weaknesses and areas for improvement now will put their business on a trajectory for a strong finish this year and the right path for another year of continued success.

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Right-sized Packaging Makes Unboxing and the Planet Better

Packsize International LLC

As e-commerce continues to grow, right-sized packaging is becoming essential to meet consumer expectations, reduce costs and uphold sustainability commitments.

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Supply Chain Practitioners Express Optimism Toward Peak Season: Study

Kenco Logistic Services

Peak season shopping predictions are optimistic, with 52% of U.S. supply chain practitioners expecting e-commerce sales to be higher compared to 2022.

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Phantom Inventory Haunts Retailers: Study

Phantom inventory is causing U.S. shoppers to experience out-of-stocks, with poor product availability negatively impacting sales and long-term customer loyalty, according to the latest data from Retail Insight.

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