NRF | 2022 Retail Returns Rate Remains Flat at $816 Billion

Dec 13, 2022  · NRF has forecast that total retail sales will grow between 6% and 8% to more than $4.86 trillion in 2022. Consistent with that analysis, the organization also expects holiday retail …


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NRF | 2022 Retail Returns Rate Remains Flat At $816 Billion

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Dec 13, 2022  · NRF has forecast that total retail sales will grow between 6% and 8% to more than $4.86 trillion in 2022. Consistent with that analysis, the organization also expects holiday retail …

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2022 Consumer Returns In The Retail Industry - NRF

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Dec 14, 2022  · Total returns account for $816 billion in lost sales for U.S. retailers. For the first time since online data has been captured as part of this survey, online return rates are in-line …

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NRF | 2022 Retail Returns Rate Remains Flat At $816 Billion

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Dec 14, 2022  · NRF 2025: Retail's Big Show Jan 12-14, 2025 Related Sites Menu. NRF Foundation; NRF Job Board; NRF Membership Login

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NRF Study Forecasts More Than $816 Billion In Holiday Returns

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Consumers are expected to return more than $816 billion worth of retail merchandise purchased in 2022, according to a retail report* released by the National Retail Federation (NRF) and …

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Consumers To Return $816M Worth Of Merchandise In 2022

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Dec 14, 2022  · Consumers are expected to return more than $816 billion worth of retail merchandise purchased in 2022, ... In terms of holiday sales, retailers can expect to see an …

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Retailers Took Back $743B In Returns Last Year, With $101B Lost To ...

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Jan 3, 2024  · In December 2022, NRF and Appriss estimated that more than $816 billion worth of merchandise was returned that year, and that for every $100 in accepted returns, $10.40 was …

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Retail Returns To Reach Nearly $171 Billion This Holiday Season

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Dec 28, 2022  · Consumers are expected to return nearly $171 billion in merchandise this holiday season—over one-fifth of the overall returns volume projected for 2022. More than $816 billion …

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NRF Holiday Forecast 2024: US Ecommerce To Outpace Total Sales

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Oct 16, 2024  · The NRF forecast projects online holiday sales in 2024 to grow at a rate of 8% to 9% year over year. That’s more than double the forecast for total sales this holiday season. …

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NRF Predicts Up To 3.5% Increase In Holiday Spending Despite …

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Oct 16, 2024  · Online Sales Remain Important Piece of Holiday Pie. The NRF’s holiday forecast is consistent with its prediction that annual retail sales for 2024 will be between 2.5% and 3.5% …

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Expected Holiday Gift Returns Up 47% This Year, Led By Gen Z

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Jan 9, 2024  · Returns have a significant impact on retail businesses, having cost an estimated $816 billion in revenue in 2022, according to the National Retail Federation. With more …

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Retailers Brace For 'Returnuary' As Holiday Returns Forecast To

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Retailers brace for 'Returnuary' as holiday returns forecast to reach $890 billion ... percent higher than last year. $890 billion was roughly two and a half times the total GDP of West Virginia ...

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

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Dec 5, 2024  · About NRF The National Retail Federation passionately advocates for the people, brands, policies and ideas that help retail succeed. From its headquarters in Washington, …

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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 led to increased returns.

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Christmas Has Gone Too Far - Campus Times

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Dec 9, 2024  · This holiday season, Americans are spending more than ever. ... Where is this money going? The same report forecasts consumers will spend a record $241 billion online …

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NRF, Happy Returns Report: 2024 Retail Returns Projected To Total …

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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 last week by the …

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

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4 days 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 …

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Customer Returns In The Retail Industry - NRF

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Jan 11, 2021  · Total returns account for over $400 billion in lost sales for U.S. retailers. Online returns more than doubled and are a major driver of the overall growth of returns. On average, …

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FAQs about NRF | 2022 Retail Returns Rate Remains Flat at $816 Billion Coupon?

Did the NRF report a record holiday shopping season?

Initial reports from the NRF showed a record holiday shopping season. "It was very, very busy. It probably the busiest year we've had and I've been here for quite a while," Charlie Boutique employee Ava Dean said. Charlie Boutique employee Ava Dean said they were ready for heavy returns but didn't see nearly as many as expected. ...

How does the holiday season affect retail returns?

The holiday season accounts for a significant impact on retail returns, as reported in the NRF and Appriss Retail survey. This report includes data on the overall impact of consumer returns, how the holiday season affects returns, and benchmarking data on return fraud. Total returns account for $816 billion in lost sales for U.S. retailers. ...

How much will retail returns increase in 2023?

This is an increase from 2023, when returns totaled $743 billion, or about 15% of retail sales. The holiday season traditionally sees an even higher rate of returns, with retailers anticipating a 17% increase above their typical return rates during this period. ...

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