dealers need greater warehouse area to hold lower back items

Retail news

CNBC

The surge in online browsing driven mostly with the aid of the radical coronavirus pandemic has resulted in alternatives and challenges for agents. On the bad aspect is the improved percent of product returns that many, if now not most, organizations are not absolutely organized to deal with. a brand new file through CBRE says that $70.5 billion price of goods can be again for the vacations, growing more suitable demand for warehouse area to manner and store the merchandise. The true property firm has forecast that as a lot as 400 million square toes of further warehouse house will need to be brought over the next five years only for coping with returns.

greater ON THIS STORY…

greater RETAIL news HEADLINES…

Discussions

take a look at RetailWire’s enticing on-line Discussions that includes Our unique Braintrust!