Author: Retailist Team

As small businesses weigh a potential U.S. recession, they continue to face economic hurdles such as inflation and supply chain disruptions. In the March 2022 Small Business Recovery Report, respondents reported increasing prices by an average of 21% across industries, largely due to increased costs from vendors (54%) and of raw materials (45%).

Inflation casts a grim shadow far and wide; there likely isn't a single business that has escaped its recent
advance—this is especially true for those relying on e-commerce sales.

Financial mistakes happen every day. But, when it comes to your business, there are many that you can avoid. By paying closer attention to your money, keeping your accounts separate, and having the right invoicing software in place, you put yourself in a better position for growth and long-term stability.

With the growing potential of QR codes in the future of retail, businesses can explore various creative ways to make their campaigns stand out from the rest while enjoying the benefits of utilizing QR codes.

With wages for retail employees increasing faster than they have in decades, at an annual growth rate of 7.4 percent, retailers face a unique quandary, where they must find new ways to counter swelling labor costs, but do so without compromising either the customer experience or the employee experience.

Despite growing pressure for a move to alternative packaging solutions as part of the green revolution, progress is slow, with the majority of packaging material still made from Low Density Polyethylene.

E-commerce remains an essential component of the global retail market. The sector has seen massive transformations thanks to the internet’s disruptive influence and the growing digitalization of our lives. Consequently, any consumer can make online transactions regardless of their geographical location.

The percentage of online shopping scam victims losing money stands at 74%. 2021 saw unscrupulous clients making claims of the funds they had used to buy products online.

Technology has made it possible for customers to engage with their favorite retailers from a range of touchpoints and they now expect a certain level of accessibility and consistency across many different shopping channels

According to this year’s results, two thirds more Americans say they have had a delivered package stolen from their porch or doorstep than had last year. That is a full 30% of respondents, up from 18% last year