zjso Luxury Retailer YOOX Net-a-Porter Names Interim CEO

Rzdz Target s Digital Comp Sales Rocket 141 Pct

The surge in online shopping and practices like bracketing 鈥?ordering multiple sizes or variations with the intent to return unwanted i stanley cup romania tems 鈥?has significantly increased return volumes, posing logistical and financial challenges for retailers, according to Hannah Bravo, CEO at Loop Returns.In fact, new data shows a 28% hike in returns over last year and consumers have already returned $122 billion in merchandise.In an interview with PYMNTS, Bravo said to maintain customer satisfaction while controlling costs, businesses are turning to digital tools and strategic policies to manage returns more efficiently. Holiday returns hit new highs this year, espec stanley cup ially in cosmetics and personal care, Bravo said, however, returns in the following days grew more slowly than last year, suggesting retailers efforts to reduce returns are working. In an effort to cut costs, she said, retailers are trying different approaches, including longer return windows, return fees, and even letting customers keep low-value items rather than return them. Theyre also using dig kubki stanley ital tools like virtual try-ons and AI intelligence]聽recommendations to help customers make better choices before buying, she said. Online platforms now make it easier for customers to exchange items or receive incentives to keep their purchases. These changes are helping retailers balance customer satisfaction with costs during this key shopping season. Leveraging Digital Tools to Streamline ReturnsBravo said the gr Byou PYMNTS Innovation Investment Tracker

Barclaycard and SAP are partnering up to accelerate B2B payments, the companies announced today Friday, Feb. 15 .In a press release sent to PYMNTS, Barclaycard Commercial Payments said it has struck a partnership with SAP to integrate its B2B payments solution, Precisionpay, into cloud procurement platform SAP Ariba, enabling businesses to pay th stanley quencher eir vendors via Barclaycard.The integration will roll out later this year with the addition of Precisionpay Bank Transfer within the SAP Ariba platform. Corporate buyers can pay their vendors via virtual card, with suppliers receiving payment the same way they receive a bank transfer. Barclaycard noted that its collaboration with SAP Ariba could also link business buyers to supply chain financing, giving companies up to 56 days to pay their invoices while suppliers receive payment more quickly.Since launching the U.K. first corporate credit card ov gourde stanley er 50 years ago, Barclaycard has been pushing the boundaries to create payment solutions that help make our clients more successful, Managing Director of Barclaycard Commercial Payments Marc Pettican said in a statement. In global procurement, payment has always been the part of the process that has created stanley usa the most friction, so we ;re really excited to be partnering with SAP to make B2B payments as simple and seamless as possible.SAP Managing Director for U.K. and Ireland Jens Amail added that the integration of Barclaycard Precisionpay func

2   8 hours ago
ThonaserToipt | 0 subscribers
2   8 hours ago
Please log in or register to post comments

SPONSORSBLOG BOTTOM

Auto × Auto