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Shoppers projected to return $890M in merchandise this year

Retail Dive LogoRetail Dive18h ago

Shoppers projected to return $890M in merchandise this year - Retail Dive

Quick Summary:

According to an estimate by the National Retail Federation, returns will amount to 16.9% of retailers’ annual sales in 2024.

As a result, retailers are employing a variety of methods to address returns.

Other research also suggests retailers’ return policies are becoming critical to attracting shoppers.

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Shoppers projected to return $890M in merchandise this year - Retail Dive (Picture 1)Shoppers projected to return $890M in merchandise this year - Retail Dive (Picture 2)Shoppers projected to return $890M in merchandise this year - Retail Dive (Picture 3)Shoppers projected to return $890M in merchandise this year - Retail Dive (Picture 4)

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Article Details

Author / Journalist: Tatiana Walk-Morris

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-12 @ 11:40:00 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: retaildive.com

Language: English

Article Length: 443 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Retail Dive

News ID: 24381632

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About Retail Dive

Retail Dive Logo

Main Topics: EconomyBusiness

Official Website: retaildive.com

Update Frequency: 4 posts per day

Year Established: 2012

Headquarters: United States

News Last Updated: 17 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #56

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The story "Shoppers projected to return $890M in merchandise this year" has 443 words across 22 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "Shoppers projected to return $890M in merchandise this year" was covered 18 hours ago by Retail Dive, a news publisher based in United States.

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Retail Dive is a fully independent (privately-owned) news outlet established in 2012 that covers mostly economy and business news.

The outlet is headquartered in United States and publishes an average of 4 news stories per day.

It's most recent story was published 17 hours ago.

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  • News ID: #24381632
  • URL: https://beamstart.com/news/shoppers-projected-to-return-890m-17340217079927

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