NRF Report: $743 Billion in Merchandise Returned in 2023
NRF and Appriss Retail released a report on returns for 2023, with online transactions showing a higher return rate than physical retail.
Source: shop-eat-surf.com
Research Mark Mathews News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Research Mark Mathews. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Research Mark Mathews Today - Breaking & Trending Today
Wardrobing And Fraud Add To $743 Billion Retail Returns Headache
No sooner have billions of dollars of merchandise made it safely down the chimney than customers are looking to load up the sleigh with $743bn in returns says the NRF.
Source: forbes.com
NRF: Retailers chip away at online return rate, but fraud continues to grow
Stores say some customers abuse e-commerce return policies, while others use explicit scams like returning shoplifted merchandise or claiming they never received an online order
Source: dcvelocity.com
More than $700 billion in merchandise was returned this year; how much of that was fraud?
A new report from the NRF shows $743 billion in merchandise was returned to retailers this year. Get more from that report here.
Source: furnituretoday.com