According to the National Retail Federation (NRF) and Happy Returns 2024 Customer Returns in the Retail Industry Report, retailers estimated that 16.9% of their annual sales in 2024 were returned, making customer returns a headache for many retailers, regardless of …
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According to the National Retail Federation (NRF) and Happy Returns 2024 Customer Returns in the Retail Industry Report, retailers estimated that 16.9% of their annual sales in 2024 were returned, making customer returns a headache for many retailers, regardless of …
Read More »
According to the National Retail Federation (NRF) and Happy Returns 2024 Customer Returns in the Retail Industry Report, retailers estimated that 16.9% of their annual sales in 2024 were returned, making customer returns a headache for many retailers, regardless of …
Read More »
The impulse category plays a subtle yet powerful role in boosting sales and enhancing the customer experience. These small, low-commitment items, often placed near checkout counters or high-traffic paths throughout stores, capitalize on customers’ spontaneous decisions. When managed well, impulse …
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This month’s feature story takes a closer look at customer returns policies and ways retailers can improve their own policies to keep customers happy while still protecting their operation’s bottom line. As part of the feature story on Page 24, …
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By Jim Robisch Senior Partner & Adviser, Ret. The Farnsworth Group Some retailers are exceptionally more successful than others. They are masterful at their strategic planning, operational execution, product assorting, marketing and communications. Further, truly exceptional retailers do things that …
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In its ongoing efforts to deliver a high level of service to customers and employees, Theisen’s Home•Farm•Auto has added Simbe Robotics’ shelf-scanning robots to three store locations in Dubuque and Dyersville, Iowa, and Jefferson, Wisconsin. Tally utilizes AI and computer …
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Understanding consumer behaviors and preferences is crucial for driving a valuable loyalty program. When offering financial rewards, consumers look for personalized, flexible and digital-centric loyalty programs. Adapting your store’s loyalty program to shift with customer preferences is essential for keeping …
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