Analyst Insight: The retail industry might be the most impacted by digital disruptions, on top of the obvious turmoil retailers' face due to the rapid growth of e-commerce. Retailers also face all of the disruptions in the transportation industry, as retail has always been about moving merchandise from its point of origin into the hands of consumers. - Jim Tompkins, CEO, Tompkins International
Analyst Insight: By understanding the true costs and potential benefits from improving their reverse logistics processes, retailers are developing strategies to recover as much value as possible from their returned goods. - Matt Ennis, vice president of business development and client solutions, Yusen Logistics (Americas) Inc.
Fraud prevention technology provider Forter has published its 2017 Fraud Attack Index, in conjunction with the Merchant Risk Council (MRC). It detailed the rate at which e-commerce fraud attacks increased throughout traditional retail verticals and provided an in-depth look at the reasons behind the year-over-year changes.
Zebra Technologies' "Retail Vision Study," released this week, finds that the majority of retailers surveyed globally expect to embrace radio frequency identification and other Internet of Things (IoT) technologies, as well as use analytic data from those systems by 2021, as more shoppers move to online sales.
In a quick counter-salvo, Amazon has announced it's lowering the free shipping threshold for non-Prime members from $49 to $35, a response to Walmart's move earlier this month.
Packaging for e-commerce may well look different from that of the traditional retailer. And lucky that it is, given commerce sales grew in the U.S. at 14.6 percent in 2015, according to Internet Retailer.
Revlon Inc., making its first major marketing push since it bought Elizabeth Arden Inc. last year, is tapping Amazon.com Inc. and Lady Gaga to reinvigorate sales and better reach millennials.