Retail & Ecommerce

Returns have always been expensive for retailers, but right now they’re at an all-time high. “We’re seeing a lot of the fast-fashion retailers like Zara and others like J.Crew, and Abercrombie & Fitch starting to charge return shipping for online orders,” said our analyst Sky Canaves. But there’s more to it than charging. Here are six strategies for reducing returns.

Estée Lauder is betting on Chinese tourists to help return it to growth: But recession fears in the US and Europe could hinder a full recovery.

Amazon seems poised to beat its lowered expectations: While the retail giant predicted its slowest-ever holiday season growth, analysts expect the retail giant’s Q4 sales still rose 6% YoY.

FedEx cuts 10% of management staff as consumer demand softens: The delivery company is the latest to resort to layoffs after rapid expansion during the pandemic.

Not everyone is a fanatic about livestream shopping: Fanatics Inc. announces plans for the sports memorabilia market, but US live commerce market remains underdeveloped.

Magic Spoon eyes offline growth: The D2C cereal brand, which first became available at some Target stores last summer, will soon be on shelves in more than 6,800 stores nationwide.

Intel, Groupon, Workday announce layoffs: The historic bloodletting in Big Tech isn’t letting up anytime soon. While laid-off workers are left to evaluate their options, some companies are eager for Silicon Valley talent.

Grocers are less willing to put up with price hikes as inflation eases: Whole Foods is the latest retailer to ask suppliers to lower prices to relieve pressure on consumers.

It’s applying for state regulatory licenses—but it still needs to deal with other hurdles standing in the way.