Tag: report
Retail Returns Climbed to $761 Billion in 2021
A new report released today by the National Retail Federation and ApprissRetail shows that retailers expect more than $761 billion in merchandise sold last year to be returned by consumers.
New Report Examining Retailers’ Return Policies Released
Returns accounted for 10.6 percent of retail trade in 2020, and totaled $428 billion. With increased ecommerce adoption across retail segments, returns are set to grow exponentially in 2022 and beyond.