Latest Stories
Retailers are grappling with the high cost of returns, which reached an estimated $816 billion in lost revenue in 2022. The challenge is exacerbated by the fact that online purchases have a higher return rate—about 30%—compared to just 8.89% for…
The United States saw a significant portion of its retail purchases returned, with just over 16% of online purchases were returned. According to a study by Statistica, the issue has escalated in 2021-2022 as the volume and processing cost of returns…
The recommerce market witnessed a significant shift in consumer behavior, with 85% of shoppers purchasing or selling secondhand items. This trend reflects a growing acceptance of secondhand goods and indicates a substantial opportunity for businesses in this sector. The OfferUp…
As a new generation of parents emerges, Kohl’s has strategically positioned itself as a cornerstone for family shopping by announcing an exciting retail partnership with WHP Global, the proud owner of the Babies“R”Us® brand. This innovative collaboration aims to meet…
SHEIN, a global fashion retailer has announced a collaboration with Olympic gold medalist Sanya Richards-Ross, alongside her mother, Sharon, and sister Shari. The SHEIN x Sanya Richards-Ross collection features an array of 30 stylish looks thoughtfully curated and hand-selected by…
Claire’s has announced a significant expansion of its retail presence through a national launch into Walgreens stores. By the end of March 2024, Claire’s shop-in-shop will be available in over 4,400 Walgreens locations across the United States. This collaboration marks…
Recent investigations have uncovered alarming lead levels in fashion accessories sold at off-price retailers, including Ross and Burlington. The Center for Environmental Health (CEH), a nonprofit watchdog group, has released a 13-year ‘Toxic Fashion’ report that exposes a continuing issue…
There has been a concerning trend of counterfeit Telfar bags being sold on Amazon, with some listings offering these knockoffs for as low as $18. This situation is particularly alarming given the popularity and exclusivity of Telfar bags, known for…
The North Face, an outdoor apparel brand, has introduced a unique customer engagement strategy that involves offering a 20% discount to those who participate in their efforts to improve racial inclusivity by completing an online course named “Allyship in the…
Spanish fashion retailer, Mango has achieved a significant milestone by concluding 2023 with record-breaking sales. By achieving unprecedented sales that catapulted over $3.28 billion. In line with its strategic vision, Mango has announced ambitious plans to open 500 new stores…