Apparel accounts for almost a quarter of all U.S. online retail sales, and it also has the highest return rate. According to Coresight Research, about 26% of clothing items will be returned this holiday season, costing retailers about $150 billion in return shipping and restocking fees. Clothing returns are bad for the planet, too, with […]
Top Benefits of Nearsourcing Your Supply Chain
During the Covid-19 pandemic, U.S. consumers became keenly aware of a startling statistic: about 20% of all U.S. imports are made in China. Billions more products are produced in India, Bangladesh, and Japan. That means that when catastrophe strikes—in the form of war; natural disaster; or a global pandemic—the U.S. supply chain will inevitably be […]