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Retailers saw $738 billion in returns in 2023

Por: WPTV Nation December 29, 2023

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The retail industry is booming. However, consumers may also be taking advantage of it. by the National Retail Federation and Appriss Retail, the total return rate for 2023 was 14.5% and amounted to $743 billion in merchandise.For online returns, it was even higher—17.6% compared to 10% for brick-and-mortar returns. As returns become more common, more and more retailers are charging return fees when you ship items back.I think it's just... + full article



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