1. Operations & Supply Chain

Could Avatars Be the Solution To Reducing Returns?

Written by Posted on Less than 0 min read

A recently introduced digital twin fit predictor tool for luxury consumers allows them to virtually try out items based on their actual appearance and measurements. This innovation has the potential to significantly reduce returns.

View Original Article
Member since
RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well beyond conventional headline reporting. Each business morning, our editors post timely topics worthy of commentary by the RetailWire BrainTrust panel of industry experts and general readership. The results are virtual round tables of industry opinion and advice covering the most dynamic trends and issues affecting the retailing industry. https://retailwire.com/
Do you like RetailWire's articles? Follow on social!

More from RetailWire

  1. Department: Food

Amazon signs deal to produce Warhammer shows and sell merchandise

Amazon.com has reached a deal with Games Workshop to develop film and television productions based on its Warhammer science fiction video game. It will also sell merchandise connected to the franchise. Amazon spends billions on its Prime Video Streaming service, a key component of its Prime membership plan. View Original Article Streaming Amazon Dept. Fresh […]
< 1 min read
0
  1. Department: Consumer Durables

Adidas Sees Smaller 2023 Loss Thanks to Yeezy Sales

Adidas expects a smaller operating loss of 450 million euros ($498.56 million) this year, thanks to unexpectedly strong sales of Yeezy shoes left over from their terminated collaboration with rapper Kanye West (Ye). The German sportswear giant had previously forecasted a loss of 700 million euros for the year, but the success of Yeezy sales… […]
< 1 min read
0
  1. Department: Beverage

Starbucks Brings Controversial Drink to Coffee Consumers

Starbucks has brought a controversial new drink to its chain stores nationwide. Oleato beverages are infused with olive oil and are available beginning today. View Original Article Brick and Mortar Consumers Dept. Beverage Dept. Fuel Restaurants RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the […]
< 1 min read
0
  1. CPG: Adult Beverage

Molson Coors Workers in Fort Worth Walk Out

In Fort Worth, Texas, workers at the Molson Coors brewery have commenced a strike. These employees, represented by Teamsters Local 997, began picketing outside the brewery over the weekend. The bone of contention? A new three-year contract for the 420 workers involved in the production, packaging, and warehousing of the company’s beverages. View Original Article […]
< 1 min read
0
  1. Corporate Strategy

Celebrity Realtor Mauricio Umansky Warns ‘Perfect Storm’ of Housing Unaffordability Is Coming

Mauricio Umansky, founder and CEO of The Agency, discussed a “perfect storm” of housing unaffordability for homebuyers. He believes several elements are causing one of the biggest housing crises in history. View Original Article Executives RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry […]
< 1 min read
0
  1. Channel: Grocery

Publix ending its GreenWise store experiment

Publix has confirmed that it will rebrand its eight GreenWise Market stores under its namesake banner. “Our customers’ shopping habits have reinforced that they enjoy the attributes of a Publix GreenWise Market location, but within their traditional Publix shopping setting,” said company spokesperson Hannah Herring. Publix will continue to sell private-label organic products under the… […]
< 1 min read
0
  1. Channel: Delivery

DoorDash Lifts Core Profit Target for Second Time on Higher Orders

DoorDash has raised its annual core profit forecast for the second time and reported upbeat quarterly revenue due to increased demand for groceries and food orders. The delivery firm’s revenue reached its highest level since its IPO in December 2020, as people continue to buy from home even after the pandemic, attracted by promotions, deals,… […]
< 1 min read
0
  1. ESG

A Monumental Nuclear Fusion Energy Breakthrough Achieved

Big news from the world of energy research as scientists and engineers near Oxford, England, make a significant breakthrough in nuclear fusion energy. They’ve set a new record that further realizes the potential to harness this futuristic power source. View Original Article Sustainability Technology & Innovation RetailWire Member since October 25, 2020 Loading + Follow […]
< 1 min read
0
  1. Trends & External Forces

Inflation didn’t treat all categories equally in 2022

Consumer prices for groceries rose 12 percent year-over-year as of November, according to Labor Department data, and for those that like to bake, the news was worse — flour cost nearly 25 percent more and egg prices shot up almost 50 percent. And yet some product categories were less affected — meat only rose about […]
< 1 min read
0
  1. Channel: Club

Costco Ventures Into Selling Gold Bars and Silver Coins

After locking in loyal $1.50 hot dog-soda customers, Costco is on the hunt for a new market in precious metal collectors and investors. View Original Article Dept. Pet Costco Dept. Beverage RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource […]
< 1 min read
0
  1. ESG

Walmart to roll out EV charging stations across the U.S.

Walmart plans to add electric vehicle (EV) charging stations at thousands of stores across the U.S. by 2030. The retailer currently has 1,300 EV fast-charging stations at more than 280 locations. “With a store or club located within 10 miles of approximately 90 percent of Americans, we are uniquely positioned to deliver a convenient charging […]
< 1 min read
0
  1. Trends & External Forces

Pinterest Opens First Pop-Up Store To Showcase Vision for 2024 Trends 

Pinterest is opening its first-ever pop-up store in New York City to mark the release of its 2024 trend predictions. View Original Article Marketing: Social Media Predictions and Forecasts Pop Ups RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource […]
< 1 min read
0
  1. Associates & Employees

Starbucks workers strike over alleged union-busting activity

Starbucks CEO Laxman Narasimhan’s first day on the job included workers at around 100 of the company’s shops going on strike. The workers claim that Starbucks engaged in anti-union coercion under former CEO Howard Schultz, a charge that the company denies. View Original Article Restaurants Associates Executives RetailWire Member since October 25, 2020 Loading + […]
< 1 min read
0
  1. Corporate Strategy

Former Starbucks CEO Howard Schultz Steps Down From Coffee Chain’s Board

Former Starbucks CEO, Howard Schultz, is stepping down from the coffee chain’s board as part of a planned transition. Schultz, who recently held the title of chairman emeritus, didn’t provide a specific reason for his departure. As Schultz leaves the board, former Alibaba executive Wei Zhang will take his seat, potentially bringing valuable experience from… […]
< 1 min read
0
  1. Trends & External Forces

Retailers around the globe are concerned that inflation will kill demand

Seventy-two percent of retailers believe consumers will be more price-sensitive this year, making it more difficult for them to pass on higher purchasing costs to customers, according to a survey by Boston Consulting. View Original Article Economy Consulting Thick Data Consumers RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier […]
< 1 min read
0
  1. Media & Marketing

Columnist compares Meta and Twitter fees to a ‘protection racket’

Meta and Twitter want to charge members for security measures such as two-factor text-message authentication. “While the details are different, both companies’ moves remind me of the protection rackets run by mobsters: force people to make regular payments in exchange for ‘security.’ We need to draw a line in the sand. Security, privacy and basic […]
< 1 min read
0
  1. Operations & Supply Chain

Shoppers are finding post-holiday returns more complicated this year

Consumers are being warned to check retailer return policies carefully this year. It’s no longer safe to assume returns are free, and many stores are requiring verification in the form of the returner’s address, phone number, etc. Retailers are making the difficult decision to attach fees to return orders due to rising shipping and customer […]
< 1 min read
0
  1. ESG

Green Energy Is Being Resisted by Local Governments

America’s energy landscape is experiencing a profound shift. In an effort to combat the escalating climate crises, the U.S. has set an ambitious target to achieve 100% clean energy by 2035. View Original Article Target Sustainability Predictions and Forecasts RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion […]
< 1 min read
0
  1. Shopper & Customer

Kroger and Albertsons CEOs say merger will benefit consumers

Kroger CEO Rodney McMullen and Albertsons CEO Vivek Sankaran yesterday told members of the Senate Judiciary Subcommittee on Competition Policy, Antitrust and Consumer Rights that the deal to merge the two supermarket giants will not reduce competition in the marketplace since consumers have so many options as to where they purchase their groceries. Mr. McMullen […]
< 1 min read
0
  1. Stores & Formats

Dollar stores vie for greater share of the grocery market

Dollar stores have increased their emphasis on consumables in recent years, and consumers looking to stretch their food dollars are increasingly shopping at Dollar General and Family Dollar. More than 20 percent of consumers currently buy groceries in dollar stores, according to Foresight. View Original Article Brick and Mortar Consumers Dept. Grocery Dollar General Family […]
< 1 min read
0
Next