Retailers are grappling with increasing difficulties and costs associated with returns, a trend exacerbated by the growing volume of e-commerce transactions. According to the National Retail Federation (NRF), total returns in retail amounted to $743 billion in 2023, translating to $145 million in
In a significant move within the retail industry, Galaxy Universal announced the acquisition of Reebok's U.S. operations, as revealed by Ivy Solari, vice president of digital commerce at Reebok, during the National Retail Federation’s Big Show conference last month. This acquisition marks the b
Amazon's decision to phase out its Prime Try Before You Buy service by January 31, 2025, represents a significant shift in the company's approach to the apparel market. Launched initially as Amazon Prime Wardrobe in 2017, the program allowed Prime members to try selected clothing, shoes,
The air cargo industry is poised for growth in 2025, driven by the increasing reliance on e-commerce volumes. However, this dependency brings both opportunities and challenges. Insights from Niall van de Wouw, Chief Airfreight Officer at Xeneta, shed light on the sector's future, emphasizing
MercadoLibre, Inc. (NASDAQ: MELI) has emerged as a dominant force in both the e-commerce and fintech sectors across Latin America, drawing inevitable comparisons to Amazon due to its expansive reach and comprehensive platform. However, MercadoLibre's services are uniquely tailored to address
Anchanto is transforming the digital commerce landscape with a unique approach that sets it apart in the competitive e-commerce software industry. Unlike traditional venture capital-backed startups aiming to disrupt large enterprises, Anchanto, based in Singapore, allows its customers to become
