NRF | NRF and Happy Returns Report: 2024 Retail Returns to Total …

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 by the National Retail Federation and Happy Returns, a UPS company. Retailers estimate that …


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NRF | NRF And Happy Returns Report: 2024 Retail Returns To Total …

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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 by the National Retail Federation and Happy Returns, a UPS company. Retailers estimate that …

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NRF And Happy Returns 2024 Consumer Returns In The Retail …

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Dec 5, 2024  · Total returns for the retail industry are projected to reach $890 billion in 2024. 76% of consumers consider free returns a key factor in deciding where to shop. More than two …

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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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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 Surge To $890 Billion: How Retailers Are Adapting …

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Dec 8, 2024  · In 2019, the return rate was 8.1% of total retail sales, but as the COVID pandemic closed non-essential retailers starting in early 2020, the U.S. experienced a major shift to …

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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.

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NRF Report: 2024 Retail Returns To Total $890 Billion

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Dec 6, 2024  · According to a recent report released by the National Retail Federation (NRF) and Happy Returns, a UPS company, merchandise returns are projected to reach $890 billion in …

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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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2024 Retail Returns To Total $890 Billion - Uken Report

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Dec 5, 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 today by the National …

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US' Retail Returns To Hit $890 Bn In 2024: NRF - Fibre2Fashion

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Dec 7, 2024  · Retail returns are projected to hit $890 billion in 2024, with 16.9 per cent of sales expected to be returned. Free and seamless returns drive loyalty, while 93 per cent of retailers …

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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 …

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

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11 hours 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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NRF Report: 2024 Retail Returns To Total $890 Billion

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According to a recent report released by the National Retail Federation (NRF) and Happy Returns, a UPS company, merchandise returns are projected to reach $890 billion in 2024. …

newsbreak.com

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NRF Expects Returns To Ramp Up Again In 2024, Accounting For …

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Dec 5, 2024  · Total returns are projected to reach $890 billion in 2024, up from the estimated $743 billion of merchandise returned in 2023, according to a new report from the National …

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NRF: 2024 Retail Returns To Total $890 Billion - NewsBreak

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Returns continue to pose a significant — and costly — problem for the retail industry. Total returns are projected to reach $890 billion in 2024, according to a new report by the National Retail …

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

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Dec 5, 2024  · WASHINGTON, D.C.. – 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 …

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Fraudulent Returns Cost Retailers $103B In 2024, New Research …

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2 days ago  · Total merchandise returns for the year reached $685 billion, representing 13.21 percent of total retail sales, which amounted to $5.19 trillion in 2024, according to the report.

footwearnews.com

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

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WASHINGTON, December 5, 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 …

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Retail Returns Hit $685 Billion In 2024, Marking 13.2% Of Total …

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1 day ago  · New research from Appriss Retail revealed that total merchandise returns for 2024 totaled $685 billion, which represents a whopping 13.2 percent of total retail sales — which is …

wwd.com

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

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Dec 7, 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 today by the National …

thedeadpixelssociety.com

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The Holiday Gift Return Rush Has Started. Here's What To Know …

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5 days ago  · Holiday returns rush The NRF expects about 17% of sales to be returned this year, which peak between now and Jan. 2. Last year, e-commerce purchases were the most likely …

cbsnews.com

FAQs about NRF | NRF and Happy Returns Report: 2024 Retail Returns to Total … Coupon?

How much will merchandise returns cost in 2024?

According to a recent report released by the National Retail Federation (NRF) and Happy Returns, a UPS company, merchandise returns are projected to reach $890 billion in 2024. Retailers estimate that 16.9 percent of annual sales in 2024 will be returned. ...

How much money will be returned in 2024?

Return labels were applied to packages with haste, in hopes that gift purchases had not gone to waste. Total returns are projected to reach $890 billion in 2024, according to a report released in early December. Retailers estimate that 16.9% of their annual sales in 2024 will be returned. ...

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. ...

Should retailers offer free returns in 2024?

Many retailers have strategized by offering free returns for their loyalty members or basing free return availability on customer purchase amount. As retailers navigate the evolving landscape of returns management in 2024, the focus remains on balancing customer satisfaction with operational efficiency. ...

How much will return sales be in 2024?

Returns in 2024 are expected to amount to 17% of all merchandise sales. A driver for an independent contractor to FedEx delivers packages in New York on Nov. 27, 2023. Stephanie Keith / Bloomberg via Getty Images Holiday shopping is expected to reach record levels this year. But a growing share of those purchases will be sent back. ...

Should retailers rethink reverse logistics?

“With behaviors like bracketing and rising return rates putting strain on traditional systems, retailers need to rethink reverse logistics,” David Sobie, Happy Returns’ co-founder and CEO, said in a statement. Processing a return costs retailers an average of 30% of an item’s original price, Optoro found. ...

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