Don’t bank on free returns: 60% of retailers roll out stricter policies
Expect shorter return windows and restocking fees as more retailers rein in generous return policies. Source link
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Online shopping
Many young people prefer ‘buy now, pay later’ to credit cards—here’s why
Gen Z and millennial consumers are drawn to the transparency of "buy now, pay later" services, according to PYMNTS' "Buy
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Soaring rents and electricity prices are squeezing Singapore retailers’ margins
Retail businesses in Singapore are grappling with higher costs as rents rise and energy prices soar. Source link
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Alibaba shares drop 8% after Jack Ma’s Ant Group and regulator squash talk of revived IPO
Ant Group, which is controlled by billionaire Alibaba founder Jack Ma, had its IPO pulled in November 2020 after regulators
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Chinese e-commerce giant JD beats estimates despite slowest quarterly revenue growth on record
JD.com said revenue for the first quarter of 2022 totaled 239.7 billion Chinese yuan ($37.8 billion) vs. 236.6 billion yuan
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Burning waste to make energy: How Amazon, American Airlines and Subaru are trying to get out of landfills
More companies are avoiding landfills as part of sustainability goals and are instead burning their waste to convert it to
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How Amazon plans to fix its massive returns problem
In an exclusive interview, Amazon tells CNBC reselling and donating used items is key for "goal of zero product disposal."
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Pandemic-driven shift lifts Turkish e-commerce volume to $25.87B
Pandemic-driven shift lifts Turkish e-commerce volume to $25.87B | Daily Sabah Daily Sabah Source link
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Saks CEO Marc Metrick says e-commerce split makes sense for luxury retailer
The luxury department store spun off its digital business and that move has prompted activist investors to push Macy's and
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