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Eqze Walmart, Maybelline Use AR to Foster Shopper Confidence
Theres good news and bad news for online retailers this year.The good is consumers are expected to spend almos stanley ca t $241 billion on eCommerce purchas stanley cup nz es during the holiday season, the Financial Times FT reported Thursday Dec. 26 , citing data from Adobe Analytics.The bad news Its easy for consumers to return the items they purchase, something that has become 鈥?in the words of FT opinion writer Pan Kwan Yuk 鈥? a multibillion-dollar problem for the retail industry. Online purchases have for years had higher rates of return than brick-and-mortar purchases, as consumers who cant see or try on an item before buying are more likely to have a chang stanley termoska e of heart, according to the report.Consumers in the United States returned 17.3% of their online purchases in 2023, versus 10% for in-store items, the report said, citing National Retail Federation NRF figures. Returns made up $743 billion, or 14.5%, of the $5.13 trillion of retail sales reported last year, compared to 8.8% in 2012. For retailers that have seen their margins eroded by the continuing arms race in free shipping, being on the hook to foot the bill for processing the mountain of unwanted, used or damaged goods only compounds their pain, Yuk wrote. A returned item may no longer be sellable by the time a customer returns it. This means the item ends up in the discount bin, hurting profits. All this makes returns unpredictable and hard to account for on a companys balance sheet. This is particularly true for apparel, as shopp Jqil GoHealth Surges 20 Pct After IPO Raises More Than $913M
There kubki stanley another digital currency in town, and its name is YoCoin.The question is: Can YoCoin give bitcoin a run for its money We ;ll have to wait and see. But YoCoin is pitching itself as a new cryptocurrency with mainstream appeal. 82 stanley france 21;Unlike most of the alternative cryptocurrencies, YoCoin is a decentralized, peer-to-peer d stanley cup igital currency based on the Scrypt mining algorithm, making it far more accessible than bitcoin is when it comes to mining. Anyone with a decent graphics card in their computer can start聽mining YoCoin at home with little effort, the company wrote in its news release.With wallets available for Linux, Mac OS X and Windows, no digital currency enthusiasts are left behind. For those looking to buy YoCoin, there are several exchanges to choose from. YoCoin is actively traded on exchanges such as C-Cex, SafeCex, Alcurex, CoinExchange, Bloombit and others.YoCoin is being marketed specifically to millennials since the company believes they are more likely to embrace this聽type of currency. As for what next, YoCoin plans involve adding a mobile wallet for Android users, as well as an issuance for physical YOC coins. These would be marketed more as a collectable item or as a gift. YoCoin team said the company is working to establish itself in casinos and with merchants in the coming weeks.We ;ve been working hard on this project for a long time, said Dave Wilson, COO of YoCo |
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