“Rising return costs and fraud are pushing retailers to overhaul their policies,” Zak Stambor, a senior analyst for retail and e-commerce at Emarketer, said in an email to Retail Dive.
“Return policies that are too onerous can cost retailers sales.” As ReturnPro’s Shamiss observed, fixing the retail returns challenge takes a three-pronged approach, starting before the ...
Providing transparent return policies, expedited refunds, easy exchanges and self-service options can serve as selling points, driving higher sales and strengthening consumer loyalty – the ultimate ...
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 ...
IRVINE, Calif.--(BUSINESS WIRE)--Appriss Retail, a leading provider of data and analytics solutions for reducing retail losses and combating return and claim fraud, has released the annual 2024 ...
Many retailers have updated their policies so whoever received ... The National Retail Federation is predicting that the return rate for the 2024 holidays will be 17% higher than the annual ...
This story was originally published on Retail Dive ... led retailers and brands to review their return programs, including tightening their return policies.” Buying multiple items with the ...