Returns Are the New Revenue Why Smart Retailers Are Betting on the Boomerang

Image for article Returns Are the New Revenue Why Smart Retailers Are Betting on the Boomerang
News Source : Observer

News Summary

  • Retailers that embrace recommerce are cutting waste, lowering costs and tapping into a secondary market projected to reach $4
  • 04 trillion by 2034
  • Processing returns can cost retailers up to 15 percent of their revenue
  • 75 percent of retailers plan to invest in reverse logistics automation in 2025
A growing number of retailers are retooling their supply chains to handle returns with surgical precisiontransforming warehouses and reverse logistics into engines of value. Unsplash+For a long tim [+5161 chars]

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