Retail news that keeps industry pros in the know
Retail Brew delivers the latest retail industry news and insights surrounding marketing, DTC, and e-commerce to keep leaders and decision-makers up to date.
In a recent interview with Retail Brew, Poshmark CEO Manish Chandra revealed that because major retailers increasingly are charging for returns, the online resale marketplace saw a 16% increase in products listed as NWT (New With Tags).
You tell us: If you discovered you’d have to pay a fee to return an item, would you be more likely to consider reselling it instead of returning it? Cast your vote here.
Circling back: Last week, we told you about a Beekeeper survey where frontline workers named low pay and inflation as their biggest stressor. But when their managers were asked what they expected workers to say what was most stressful, they guessed pay would not be first, but rather second, while understaffed shifts would be first.
So we asked whether you thought frontline workers were more stressed about low pay and inflation, or understaffed shifts, and 62.6% of you thought workers were more stressed about pay and inflation. Another 36.3% of you thought workers were more stressed about understaffed shifts, while 1.1% of you didn’t know or weren’t sure.