Retailers brace for 'Returnuary' as holiday returns forecast to

The day after christmas wraps up the end of holiday shopping and kicks off "Return season." ... higher than last year. $890 billion was roughly two and a half times the total GDP of West Virginia ...


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Retailers Brace For 'Returnuary' As Holiday Returns Forecast To

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The day after christmas wraps up the end of holiday shopping and kicks off "Return season." ... higher than last year. $890 billion was roughly two and a half times the total GDP of West Virginia ...

msn.com

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

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3 days ago  · — The retail industry is bracing for its busiest returns season of the year, dubbed “returnuary,” as consumers prepare to send back unwanted holiday purchases in record …

newsnationnow.com

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

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Dec 8, 2024  · 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 …

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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, according to a report released today …

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Retail Returns: An $890 Billion Problem

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Dec 7, 2024  · 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.

cnbc.com

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2024 Retail Returns To Total $890 Billion, Report Shows - Yahoo …

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The Brief. Total returns are projected to reach $890 billion in 2024, according to the National Retail Federation. Retailers estimate that 16.9% of their annual sales in 2024 will be returned.

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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. ... Forbes Business Retail. ... Merchandise returns are estimated to hit $890 billion for …

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2024 Retail Returns To Total $890 Billion - Uken Report

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Dec 5, 2024  · WASHINGTON – Many holiday gifts have yet to be purchased and opened, and already retail returns are being calculated. Returns continue to pose a significant cost for the …

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Retail Returns: An $890 Billion Problem - CashReview

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Dec 7, 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 …

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'Returnuary' — After The Peak Shopping Season Comes The Busiest …

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Dec 24, 2024  · After this season's peak shopping days, retailers expect their return rate to be 17% higher, on average, than usual.

cnbc.com

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Retail Returns Expected To Total $890 Billion - Specialty Retailer

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Dec 9, 2024  · Returns continue to pose a significant cost for the retail industry, with total returns projected to reach $890 billion in 2024, according to a report released by the National Retail …

specialty-retailer.com

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Retailers Are Facing A Huge Issue With $890 Billion In Returns

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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 …

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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 ...

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Retail Returns: An $890 Billion Problem - Week On Wall Street

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Dec 7, 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 …

weekonwallstreet.com

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Holiday Returns Expected To Surge | Business

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Dec 24, 2024  · Holiday Returns Expected to Soar to $890 BillionRetailers anticipate a significant surge in holiday returns this year, with an estimated 17% increase compared to usual rates. …

headtopics.com

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Returns Are An $890 Billion Problem For Retailers - Invest Blick

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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 …

investblick.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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Holiday Returns Expected To Soar To $890 Billion | Business

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Dec 24, 2024  · Holiday Returns Surge: Retailers Face $890 Billion in Returned GoodsRetailers are bracing for a surge in holiday returns this year, with expectations of a 17% increase …

headtopics.com

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Retail Returns To Reach $890 Billion In 2024, $150 Billion In Holiday ...

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Dec 7, 2024  · Retailers are facing significant challenges related to consumer returns, with the National Retail Federation (NRF) estimating that retail returns will total $890 billion in 2024. …

deepnewz.com

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2024 Holiday Season: Record $890 Billion In Returns... | DeepNewz

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Dec 26, 2024  · The 2024 holiday shopping season has set new records for consumer spending, with an increase of 3.8% over the previous year despite higher prices. Total spending is …

deepnewz.com

FAQs about Retailers brace for 'Returnuary' as holiday returns forecast to 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. ...

How much will retail return in 2024?

Total returns are projected to reach $890 billion in 2024, according to the National Retail Federation. Retailers estimate that 16.9% of their annual sales in 2024 will be returned. Even though returns happen year-round, they are more prevalent during the holiday season. ...

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. ...

Should retailers reduce the percent of returns for the holidays?

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. “Ideally, I hope there is a world in which you can reduce the percent of returns,” said Amena Ali, CEO of returns solution company Optoro, but “the problem is not going to abate any time soon.” ...

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. ...

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