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☆ Shoppers' returns are spiking to unprecedented levels — driving a $280 billion problem that's starting to backfire against them
▼ + stars: | 2022-12-07 | by ( Alex Bitter | ) www.businessinsider.com time to read: +5 min

Inflation and a phenomenon called 'bracketing' are driving returns, Insider Intelligence says. Returns add another layer of cost and complexity for retailers, Insider Intelligence analyst Zak Stambor wrote in the report. Depending on the way they handle returns, retailers could be on the hook for packaging, shipping, and labor costs, he wrote. Zara is among the stores that have started charging shoppers if they return items by mail. Amazon, for example, allows customers to return items purchased on its website at Whole Foods grocery stores, which the company owns.

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☆ Don't bank on free returns: 60% of retailers roll out stricter policies
▼ + stars: | 2022-11-25 | by ( Jessica Dickler | ) www.cnbc.com time to read: +4 min

Roughly 60% of retailers said they're making changes to existing returns policies, with fewer promising free returns, according to a recent survey of retail executives. "These adjustments in return policies are not there to cover costs," Kieboom said. "The more money retailers lose on returns the more they have to make up for that by raising prices," Beitelspacher said. How to avoid return feesStill, shoppers love free returns almost as much as they love free shipping. In fact, 98% of consumers said that free shipping was the most important consideration when shopping online, followed by more than three-quarters who said the same about free returns, according to a recent report by PowerReviews.

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☆ Tech's reality check: How the industry lost $7.4 trillion in one year
▼ + stars: | 2022-11-25 | by ( Rohan Goswami | ) www.cnbc.com time to read: +14 min

Not one of the 15 most valuable U.S. tech companies has generated positive returns in 2021. In total, investors have lost roughly $7.4 trillion, based on the 12-month drop in the Nasdaq. In the war for talent and the free flow of capital, tech pay reached new heights. Loading chart...SPACs allowed companies that didn't quite have the profile to satisfy traditional IPO investors to backdoor their way onto the public market. A slowing IPO market informs how earlier-stage investors behave, said David Golden, managing partner at Revolution Ventures in San Francisco.

☆ Free returns may soon be a thing of the past as retailers roll out stricter policies
▼ + stars: | 2022-11-04 | by ( Jessica Dickler | ) www.cnbc.com time to read: +3 min

Crew (which was once well-known for a generous return policy that spanned the lifetime of a garment) have shortened their regular return windows to within a month. Changing the return policy is an easier pill for the costumer to swallow than an increase in the purchase price. "Changing the return policy is an easier pill for the costumer to swallow than an increase in the purchase price." How to avoid return feesStill, shoppers love free returns almost as much as they love free shipping. In fact, 98% of consumers said that free shipping was the most important consideration when shopping online, followed by more than three-quarters who said the same about free returns, according to a recent report by PowerReviews.

☆ US Bank Shopper Cash Rewards card review: Up to 6% cash back at popular retailers like Amazon and Walmart and a unique feature you won't find on any other card
▼ + stars: | 2022-10-26 | by ( Tessa Campbell | Personal Finance Reviews Fellow | Read More | ) www.businessinsider.com time to read: +31 min

Speaking of eye-catching, the U.S. Bank Shopper Cash Rewards is the first to include LED-powered technology in the card's plastic. If you're a fan of Visa Signature benefits, the U.S. Bank Shopper Cash Rewards has got you covered. US Bank Shopper Cash Rewards card benefits and featuresLED technologyIn a unique twist, US Bank is piloting a version of the U.S. Bank Shopper Cash Rewards that has LED-powered technology built into the card's plastic. Read our review Read Our Review A looong arrow, pointing rightFees and costsThe U.S. Bank Shopper Cash Rewards has a 17.49% - 27.49% Variable APR. How do I redeem cash back on my US Bank Shopper Cash Rewards card?

☆ I made $133,000 last year reselling on Poshmark. Here's how I started this side hustle that brings in more than my 9-to-5 and the common mistake I tell newbies to avoid.
▼ + stars: | 2022-10-25 | by ( Emily Courter | ) www.businessinsider.com time to read: +6 min

Ashley Peek started selling clothes on Poshmark when she was in college to clear out her closet. I started selling in college to clear out my closet. It didn't take long after I started reselling on Poshmark to realize I could pick up clothes at the thrift store and resell them online for a profit. I was sourcing items mostly from local consignment stores. In addition to the time spent sourcing items and shipping out sales, I'm a reselling-content creator.

☆ New & Notable: Latest releases from Apple and more
▼ + stars: | 2022-10-24 | by ( Gabriella Depinho | Gabriella Depinho Is A Production Coordinator For Select On Nbc News. | ) www.nbcnews.com time to read: +4 min

This story is part of Select's New & Notable column, where we highlight our favorite product launches, major sales, what we're buying and some of our latest recommendations and advice. While other larger brands, such as Gap, Adidas and Madewell, have partnered with resale platform ThredUp, Shein opted to launch their own platform. Urban Outfitters launched the clothing resale app Nuuly Thrift in 2021, where customers can sell their used Urban Outfitters clothes via an iOS app. Nuuly users can deposit their earnings into their bank account or earn “Nuuly Cash” which is worth 10% more at Nuuly Thrift, Anthropologie, Free People, Urban Outfitters, BHLDN or Terrain. Wellness tech company Oura, the creator behind the health tracking Oura ring, announced a partnership with Therabody, creator behind the popular Theragun massager.

☆ US Bank will soon launch the Shopper Cash Rewards card — and its earning rate of up to 6% cash back at popular retailers like Amazon, Walmart, and Target will be tough to beat
▼ + stars: | 2022-10-13 | by ( Tessa Campbell | Personal Finance Reviews Fellow | Read More | ) www.businessinsider.com time to read: +8 min

The new US Bank Shopper Cash Rewards card will earn up to 6% back at popular retailers, including Walmart, Chewy, Lululemon, and Macys. YakobchukOlena/ Getty ImagesUS Bank has released a sneak peek at its new U.S. Bank Shopper Cash Rewards. The U.S. Bank Shopper Cash Rewards™ Visa Signature® Card isn't currently accepting applications, but you can join the waitlist. US Bank Shopper Cash Rewards Visa Signature Card earning ratesThe U.S. Bank Shopper Cash Rewards™ Visa Signature® Card earns bonus cash back at popular retailers. The card will be most appealing as a no-annual-fee rewards card.

☆ A 44-year-old mom of 3 made $735,000 last year from a reselling business she launched using just the clothes in her closet
▼ + stars: | 2022-09-25 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +7 min

Mona Mejia "Everything was selling really quickly"In 2015, Mejia's family was in need of additional income to supplement her husband's pay. When she began listing more items, she noticed that "everything was selling really quickly" and real money was trickling in. It wasn't until roughly a year ago, however — when she started selling on livestreams through Instagram, TikTok, and Facebook, that her business really took off. After working through her closet, Mejia took her earnings and went to yard sales and clearance sections to look for bargain products she could buy and resell. Despite discounting, she says she's able to maintain high levels of profitability by only selling items she bought at especially cheap rates.

☆ Мексика обвинила Zara в краже их культуры
▼ + stars: | 2021-06-05 | by ( Mld Media Srl | ) noi.md time to read: +1 min

Мексика обвинила международные модные бренды Zara, Anthropologie и Patowl в присвоении культуры, заявив, что они использовали образцы местных мексиканских групп в своих проектах, не принося пользы сообществам, о которых идет речь. В пятницу Министерство культуры Мексики заявило, что оно направило трем компаниям письма, подписанные министром культуры Алехандрой Фраусто, с просьбой «публично разъяснить, на каком основании коллективная собственность может быть приватизирована». По данным министерства, ZARA, принадлежащая крупнейшему в мире розничному продавцу одежды Inditex, использовала узор, типичный для местного сообщества в Сан-Хуан-Колорадо в южном штате Оахака. Anthropologie, принадлежащая URBN, использовала дизайн, разработанный другим местным сообществом, а Пэтоул скопировал образец из Сан-Антонио Кантино Веласко, по данным Министерства культуры. В 2019 году мексиканское правительство обвинило модный дом Carolina Herrera в культурном присвоении местных узоров и текстиля из Мексики в своей коллекции.

Persons: Anthropologie Patowl, Inditex, Carolina Herrera, Puig, 2019 Herrera, Алехандрой Фраусто, Пэтоул, Кантино Веласко, Каролина Эррера, Уэс Гордон Organizations: Министерство культуры Locations: Zara, ZARA, Inditex, Мексика, СанХуанКолорадо, Оахака, СанАнтонио

☆ Dovezile arată că oamenii timpurii ar fi hibernat pentru a supraviețui iernilor nemiloase
▼ + stars: | 2021-01-13 | by ( ) www.jurnal.md time to read: +2 min

Oamenii de știință argumentează că leziunile și alte semne observate pe oasele fosilizate ale oamenilor timpurii sunt la fel ca cele descoperite pe oasele altor animale care hibernează. Astfel, asta sugerează că predecesorii noștri făceau față iernilor nemiloase prin faptul că își încetineau metabolismul și dormeau timp de mai multe luni. Aceste fosile datează din urmă cu 400.000 de ani și provin cel mai probabil de la neandertalienii timpurii sau predecesorii lor. Acest sit este unul dintre cele mai importante tezaure paleontologice ale planetei noastre și a oferit detalii cruciale despre modul în care evoluția umană a avut loc în Europa. Totodată, cercetătorii au recunoscut că ideea „ar putea părea de domeniul științifico-fantasticului”, însă aceștia subliniază că multe mamifere, inclusiv primatele, hibernează.

Persons: Sima, los, Juan, Luis Arsuaga Locations: Burgos, Spaniei, Europa, Thrace, Grecia

☆ If you want a side hustle reselling clothing on Poshmark, start by learning all the lingo insiders use, like 'love notes' and 'bundles,' and what they mean for your business
▼ + stars: | 2020-08-03 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +9 min

The app also functions much like a social platform where sellers benefit when they share others' listings. For example, sellers can gain higher statuses as stylists or ambassadors when they promote other sellers' listings. Poshmark members, or "poshers," use a lot of phrases you may not understand if you're new to the community. ClosetA closet is a Poshmark seller's online store where they list items for sale. Users can share images and 15-second videos with their followers, similar to other apps like Instagram and Snapchat.

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