Holiday Returns Expected to Reach $160 Billion This Season

Holiday Returns Expected to Reach $160 Billion This Season Retailers Adjust Strategies to Drive Efficient and Cost-Effective In-Store Returns November 25, 2024 ... a leader in returns handling and technology, to estimate the total value of holiday 2024 returns by applying a typical 16% …


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Holiday Returns Expected To Reach $160 Billion This Season

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Holiday Returns Expected to Reach $160 Billion This Season Retailers Adjust Strategies to Drive Efficient and Cost-Effective In-Store Returns November 25, 2024 ... a leader in returns handling and technology, to estimate the total value of holiday 2024 returns by applying a typical 16% …

cbre.com

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Holiday Returns Expected To Reach $160 Billion This Season: …

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Nov 26, 2024  · With the holiday shopping season underway, a new report from CBRE projects a staggering $160 billion—roughly 16% of all holiday retail sales—will be returned this year.. …

sdcexec.com

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Holiday Returns Expected To Reach $160 Billion This Season

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With the holiday shopping season underway, a new report from CBRE projects a staggering $160 billion—roughly 16% of all holiday retail sales—will be returned this year. CBRE collaborated …

newsbreak.com

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Retailers Recognize The Struggle Of Returns This Holiday Season: …

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Oct 17, 2024  · Holiday Returns Expected to Reach $160 Billion This Season: Research With the holiday shopping season underway, a new report from CBRE projects a staggering $160 …

sdcexec.com

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54% Of Retailers Are Looking For Ways To Increase The Financial ...

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Dec 6, 2024  · As retailers prepare for a bustling holiday returns season, Optoro, Inc. announces the results of its new “2024 Returns Unwrapped” report.This year, the company predicts …

sdcexec.com

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Returns Are An $890 Billion Problem For Retailers - NBC News

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Dec 8, 2024  · Holiday shopping is expected to reach record levels this year. But a growing share of those purchases will be sent back. Returns in 2024 are expected to amount to 17% of all …

nbcnews.com

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Retail Returns Surge To $890 Billion: How Retailers Are ... - Forbes

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Dec 8, 2024  · The holiday return rate is estimated at 20.4%, according to the NRF and Happy Returns. ... Retail Returns Surge To $890 Billion: How Retailers Are Adapting In 2024 ...

forbes.com

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NRF And Happy Returns Report: 2024 Retail Returns To Total $890 …

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Dec 5, 2024  · WASHINGTON – Returns continue to pose a significant cost for the retail industry, with total returns projected to reach $890 billion in 2024, ... return experiences and …

nrf.com

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Returns Projected To Hit $890B As ‘returnary’ Begins. What Is It?

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1 day ago  · Returns are expected to reach $890 billion in 2024, representing 16.9% of all merchandise sales, according to a report from the National Retail Federation. This is an …

newsnationnow.com

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Retailers Can Expect Another Record-Breaking Holiday Season

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Oct 15, 2024  · That racks up to $980 billion to $990 billion in sales between November 1 and December 31, which makes for another record-breaking season in comparison with 2023, …

inc.com

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NRF Study Forecasts More Than $816 Billion In Holiday Returns

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Of the more than $3.66 trillion in expected in-store sales, $603 billion will be returned. Approximately $62.1 billion of those returns, or 10.3 percent, are expected to be fraudulent. …

fdra.org

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Consumers Are Expected To Spend More This Holiday Season - USA …

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Sep 12, 2024  · Additionally, Deloitte is forecasting that e-commerce sales will grow between 7.0% to 9.0% year-over-year, totaling between $289 billion to $294 billion this season. That's …

usatoday.com

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Holiday Returns Expected To Surge To $890 Billion In 2024

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Dec 7, 2024  · The environmental impact of returns cannot be overlooked; in 2023, returns generated a staggering 8.4 billion pounds of landfill waste, as reported by Optoro. Addressing …

primeainews.com

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The $900 Billion Problem Impacting Holiday Shopping In 2024 - MSN

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Holiday shopping is hitting record highs this year but experts say more of those purchases are getting sent back.. Returns in 2024 are expected to hit $890 billion.That's 17% of all retail sales ...

msn.com

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Consumers Could Return $82.1B Worth Of Holiday Merchandise, …

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Dec 29, 2023  · The rise of e-commerce, which the National Retail Federation predicts could reach between $273.7 billion and $278.8 billion this holiday season, has ... return about $1.4 billion …

retaildive.com

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It's Prime Time For Returns. That's A Challenge For Stores.

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6 days ago  · The share of goods returned to retailers is expected to reach almost 17% and be worth $890 billion this year, a report from the National Retail Federation, or NRF, found earlier …

businessinsider.com

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Holiday Returns Expected To Soar To $890 Billion | Business

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Dec 24, 2024  · Retailers Brace for 17% Surge in Returns After Holiday ShoppingThe holiday shopping season is typically followed by a spike in returns, known as 'Returnuary.' This year, …

headtopics.com

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Retail Returns To Reach Nearly $171 Billion This Holiday Season

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Dec 28, 2022  · ‘Tis the season for giving—and give-backs. Consumers are expected to return nearly $171 billion in merchandise this holiday season—over one-fifth of the overall returns …

sourcingjournal.com

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Consumers Could Return $66.7B In Holiday Merchandise This Year

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Dec 17, 2021  · Amid projected holiday sales increases, CBRE and Optoro predict in a new report that consumers could return as much as $66.7 billion in holiday purchases, a 45.6% increase …

retaildive.com

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FBI Finds 150 Bombs At Virginia Home, Prosecutors Say

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1 day ago  · The work was expected to cost about $165,000 and take approximately seven months. ... by four returning members from the previous season’s team, which won the Big Six …

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FAQs about Holiday Returns Expected to Reach $160 Billion This Season Coupon?

How much will holiday shopping return in 2024?

Holiday shopping is expected to reach record levels this year. But a growing share of those purchases will be sent back. Returns in 2024 are expected to amount to 17% of all merchandise sales, totaling $890 billion in returned goods, according to a new report by the National Retail Federation and return management company Happy Returns. ...

Are more holiday purchases getting sent back?

Holiday shopping is hitting record highs this year but experts say more of those purchases are getting sent back. Returns in 2024 are expected to hit $890 billion. That's 17% of all retail sales and those returns peak during the holiday season. Let's connect the dots. ...

Are retail returns more common during the holiday season?

Even though returns happen throughout the year, they are much more prevalent during the holiday season, the NRF also found. As shopping reaches a peak in the weeks ahead, retailers expect their return rate for the holidays to be 17% higher, on average, than the annual rate. ...

What is the holiday return rate?

The holiday return rate is estimated at 20.4%, according to the NRF and Happy Returns. Retailers are balancing. customer service expectations with high return costs. ...

How much will consumers spend on holidays in 2024?

Consumers are expected to spend between $979.5 billion and $989 billion in total holiday spending in November and December, compared with $955.6 billion during the same timeframe last year, the trade group for the retail industry said during it's annual 2024 holiday sales forecast call. ...

Will holiday retail sales increase in 2024?

In the first Deloitte 2024 Holiday Forecast, Deloitte, an audit, consulting, tax and advisory services firm, said holiday retail sales are likely to increase between 2.3% and 3.3% this year. Analysts with Deloitte said sales growth is expected to return to pre-pandemic levels in line with trends over the past decade. ...

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