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Extended Holiday Returns at Walmart (2023)

Walmart has initiated an extended returns policy for the holiday season, applicable to purchases made from October 1 to December 31, 2023, allowing returns until January 31, 2024, with few exclusions. Aimed at enhancing customer satisfaction and fostering repeat business, this policy is mandatory for sellers on Walmart’s platform, projecting a positive impact on sales conversions.

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11 Retailers Facing Elevated Bankruptcy Risk in 2023

The first nine months of 2023 witnessed notable retailers like David’s Bridal and Bed Bath & Beyond filing for bankruptcy, with more possibly following suit. This uptick is due to rising operational costs and looming economic uncertainties. High debt levels further exacerbate the situation for retailers, with 11 of them, including Farfetch, Joann, Rite Aid, Big Lots, Kirkland’s, and Petco showing significant bankruptcy risk.

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WFS Expands Services: Larger and Heavier Items Now Welcome!

Just in time for the holiday season, WFS has enhanced its services, allowing customers to store and ship a wider range of items without any minimum or maximum restrictions. Now accommodating products that are larger, longer, and heavier, and even those in multiple boxes, WFS caters to items such as big screen TVs, home gyms, pools, and furniture, to name a few, within new limits of up to 500 lbs. and dimensions of 120″ x 105″ x 93″.

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Introducing TikTok Shop in the U.S.

TikTok has officially launched “TikTok Shop” in the U.S., marking its entry into the e-commerce domain. This new feature will allow the platform’s 150 million American users to explore and purchase products directly from videos and live streams. The social media giant also rolled out an independent app for sellers, the “TikTok Shop Seller Center.” This dedicated app equips merchants with tools to easily link up with other prominent e-commerce platforms like WooCommerce and Shopify.

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‘Magical’ Listing Tool by eBay

eBay has unveiled a cutting-edge “magical listing” tool that employs artificial intelligence to extract product details directly from images. This innovation aims to streamline the listing process, particularly assisting first-time sellers who might find the initial listing creation daunting. Sellers upload photos in the eBay app, and the AI recommends titles, descriptions, and other crucial information. The tool, which is currently in beta testing among eBay employees, is set to be released to the broader public soon. Alongside this, eBay has enhanced its image background removal tool to further aid sellers in presenting clearer product images. Major retailers, including Amazon and Walmart, have similarly integrated AI into their operations to enhance user experience.

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