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Tag: returns

Study: Online shopping generates more returns

Get great content like this right in your inbox. Subscribe Purchases made online are returned at a higher rate, but there is a silver lining for some retailers. According to a study from enterprise analytics platform 1010data, year to date through November 2019, Amazon saw a 6% return rate on net spend, while Walmart experienced …

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CBRE: Online holiday returns could hit $41.6 billion

Get great content like this right in your inbox. Subscribe Retailers and shippers this holiday season will handle more returns than ever of goods bought online. That’s according to a new report from CBRE, which forecasts that online returns could total as much as $41.6 billion this holiday season. CBRE calculates a maximum value for …

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Online returns this holiday season to hit record $41.6 billion

‘Tis the season for giving gifts and then returning that sweater your mom gave you that didn’t fit. The new normal for many consumers is buying gifts from the comfort of the couch. And as online sales continue to grow, the amount of items that people are returning during the holidays only continues to grow …

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Ikea deploys solution to reduce waste from returns

Get great content like this right in your inbox. Subscribe Ikea U.S. wants to remove waste from its reverse supply chain as part of its commitment to build a circular business. Ikea U.S. is partnering with Optoro, a provider of returns optimization technology. Optoro’s technology will be implemented in 50 Ikea stores, 10 distribution centers …

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4 ways to take the headache and hassle out of annoying holiday returns

Returns can be a monumental headache, not only for retailers but for consumers as well — and this year’s holiday forecasts indicate that the 2019 returns volume will be record-breaking. According to Oracle, 77% of consumers “plan to return a portion of their gifts” this holiday season; UPS alone projects that holiday returns will peak …

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UPS forecasts record holiday returns volume, with two big spikes

Get great content like this right in your inbox. Subscribe A new forecasts predicts the two busiest days of holiday returns. UPS projects that holiday returns will peak on January 2, 2020, dubbed “National Returns Day” by the shipping giant, with 1.9 million returns taking place. The volume represents a 26% increase from last year’s peak …

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Why Amazon returns cost millions and how Kohl’s is helping

Returns cost companies millions and create billions of pounds of waste. Now, Amazon is making the process more efficient in hopes of enticing customers with easy returns. Forrester Research estimates 25% of items bought online are returned, with $207 billion in returned commerce goods expected this year. Amazon was dumping millions of pounds of this …

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Report: Rent the Runway returns to normal operations

Get great content like this right in your inbox. Subscribe Rent the Runway is reportedly once again accepting new orders and customers. According to Recode, the fashion rental pioneer has ended an almost one-month-long interruption in its regular business as of Tuesday, Oct. 8. This is one week ahead of a previously announced target date …

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Happy Returns expands physical presence in deal with Cost Plus World Market

By Marianne Wilson – 09/24/2019 Get great content like this right in your inbox. Subscribe Happy Returns is expanding the reach of its returns service. The company announced it will place its Returns Bars in Cost Plus World Market’s 276 stores nationwide by the end of September. The rollout follows a successful pilot program that …

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