Thu, January 23, 2025
[ Thu, Jan 23rd ]: Goodreturns
Budget 2025 Expectations: What's In Store For Taxpayers Under The New Tax Regime?
[ Thu, Jan 23rd ]: MSN
L&T Finance Ltd. Records Consol. PAT at Rs. 2,007 .. h of 14 percent Over 9 Months Ended Dec. 31, 2023
[ Thu, Jan 23rd ]: cnbctv18
Why banks are nervous amid economic and regulatory shifts
[ Thu, Jan 23rd ]: cnbctv18
Budget 2025 Expectation Highlights: India Inc outlines key expectations from FM Sitharaman
[ Thu, Jan 23rd ]: Reuters
Swedbank operating profit beats forecast, hikes dividend
[ Thu, Jan 23rd ]: Upstream
Halliburton financials hit by softer markets in Americas
[ Thu, Jan 23rd ]: AOL
PepsiCo CEO: Not worried about being targeted by Trump administration's food industry critics
[ Thu, Jan 23rd ]: Reuters
Discover Financial fourth-quarter profit jumps on lower loan loss provisions
[ Thu, Jan 23rd ]: MSN
The government is on a charm offensive in Davos, but businesses are sceptical
[ Thu, Jan 23rd ]: MSN
Why Checking Your Loan Amount With A Gold Loan Calculator Is A Must
[ Thu, Jan 23rd ]: MSN
Alphabet Inc. (GOOGL): Revolutionizing AI-Powered Media with Gemini and AP Collaboration
Wed, January 22, 2025
[ Wed, Jan 22nd ]: Kiplinger
Four Ways to Invest in Quantum Computing
[ Wed, Jan 22nd ]: AOL
The abrupt closing of activist short-seller Hinde .. hlights 'wear and tear' of betting against stocks
[ Wed, Jan 22nd ]: AOL
Salesforce CEO Marc Benioff's war of words with Microsoft rages on at Davos
[ Wed, Jan 22nd ]: AOL
C3 AI Teams Up With McKinsey For AI-Driven Business Transformations: Details
[ Wed, Jan 22nd ]: Reuters
Commerzbank says UniCredit's approach is hostile and unilateral
[ Wed, Jan 22nd ]: Forbes
Unlocking Impact: A Strategic Guide To Blended Finance
[ Wed, Jan 22nd ]: Forbes
20 Go-To Resources For Small Business Finances
[ Wed, Jan 22nd ]: Reuters
US clean power groups turn to longer deals to finance growth
[ Wed, Jan 22nd ]: AOL
Walgreens replaced its refrigerator doors with di .. den glass. It might become a $200 million debacle
[ Wed, Jan 22nd ]: Kiplinger
Why GE Vernova Stock Is Higher After Its Earnings Miss
[ Wed, Jan 22nd ]: Forbes
Retailers Flooded By Returns Need A Three-Pronged Fix
[ Wed, Jan 22nd ]: Reuters
BlackRock and Weinstein's Saba reach settlement in battle over closed-end funds
[ Wed, Jan 22nd ]: Mint
Ally Offloads Credit-Card Business, $2.3 Billion Loan Portfolio
[ Wed, Jan 22nd ]: Crikey
Qantas, startups, 'soft corruption': Joe Aston on going it alone
[ Wed, Jan 22nd ]: Outlookindia
Exclusive Interview With Himalay Goel: Driving Innovation In Fintech And Investment Banking
[ Wed, Jan 22nd ]: Forbes
The Cost Of Confidence: How Overconfidence Could Destroy Your Business
[ Wed, Jan 22nd ]: MSN
Taurus Daily Horoscope Today (April 20- May 20), January 22, 2025: Make thoughtful decisions!
[ Wed, Jan 22nd ]: MSN
UK ousted antitrust chair over lack of focus on growth, Reeves says
[ Wed, Jan 22nd ]: Reuters
UK finance minister wants lower taxes, less regulation
[ Wed, Jan 22nd ]: Firstpost
Budget 2025: PLI schemes, duty overhaul and business reforms take centre stage
[ Wed, Jan 22nd ]: MSN
Jio Financial Services shares in focus after Rs 117 crore infusion in mutual fund business
[ Wed, Jan 22nd ]: MSN
Going beyond sustainability reporting: the time for climate action is now
[ Wed, Jan 22nd ]: Mint
Union Budget 2025 Expectations Live Updates: Fina .. irmala Sitharaman's 8th speech highly anticipated
Tue, January 21, 2025
[ Tue, Jan 21st ]: Forbes
Trump's Fossil Fuel Expansion Could Derail Clean Energy Momentum
[ Tue, Jan 21st ]: cnbctv18
Budget 2025 Highlights: Key recommendations for F .. o boost financial inclusion and retail investment
[ Tue, Jan 21st ]: Moneyweb
Reasons SMEs remain small - and how one company is solving this problem
[ Tue, Jan 21st ]: MoneyWeek
Wage growth in UK jumps ahead of inflation
[ Tue, Jan 21st ]: AOL
Cloudflare CEO on why Apple's Tim Cook, Meta's Ma .. berg, and other tech leaders are bending to Trump
[ Tue, Jan 21st ]: Reuters
How a flood of finance for sustainable seafood could help save the ocean
[ Tue, Jan 21st ]: MSN
Willis' greater economic powers could come at a cost
[ Tue, Jan 21st ]: Reuters
Economists ramp up projections for Brazil's interest rates to above 15%
[ Tue, Jan 21st ]: BBC
Treasury steps in to protect car loan firms' payouts
[ Tue, Jan 21st ]: MSN
Insiders question Zuckerberg's Trump-era Meta-morphosis: 'He's a chameleon'
[ Tue, Jan 21st ]: MSN
FCA faces growing calls for overhaul amid criticism
[ Tue, Jan 21st ]: Reuters
Portugal to import more US, Nigerian LNG, aims to end Russian supply
[ Tue, Jan 21st ]: MSN
Florida ranked #1 state for launching your new business
[ Tue, Jan 21st ]: cfodive
6 big AI agent rollouts that impact finance teams

Retailers Flooded By Returns Need A Three-Pronged Fix

  Copy link into your clipboard //business-finance.news-articles.net/content/202 .. flooded-by-returns-need-a-three-pronged-fix.html
  Print publication without navigation Published in Business and Finance on by Forbes
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Returns may reach nearly 17% of the retail market in 2024, requiring retailers to reduce the hassle for consumers and their operational challenges handling the volume.
The article by Pam Danziger for Forbes, published on January 21, 2025, discusses the overwhelming issue of returns in the retail sector, which has escalated due to the rise of online shopping. Retailers are facing significant financial losses from return fraud, shipping costs, and the labor involved in processing returns. Danziger suggests a three-pronged approach to mitigate this problem: 1) Improving Product Information: Enhancing product descriptions, images, and virtual try-on technologies to reduce the likelihood of returns due to incorrect expectations. 2) Optimizing Return Policies: Making return policies more customer-friendly while also implementing measures like return fees or restocking charges to discourage unnecessary returns. 3) Leveraging Technology: Using AI and machine learning to predict return behavior, manage inventory more effectively, and streamline the return process. The article emphasizes that while returns are an inevitable part of retail, strategic adjustments can significantly reduce their negative impact on profitability.

Read the Full Forbes Article at:
[ https://www.forbes.com/sites/pamdanziger/2025/01/21/retailers-flooded-by-returns-need-a-three-pronged-fix/ ]