Retailers take $100B hit in bogus returns
The fraudsters have targeted this retail underbelly to swipe billions of dollars, gaming the returns system after the holiday season, according to a report.
Source: nypost.com
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REVEALED: Americans return 14.5 per cent of ALL PURCHASES worth $743 billion - as retailers brace for record influx of unwanted holiday gifts
Around one in six gifts opened this week are set to be taken back to stores or posted back to depots. Americans return 14.5 per cent of items they buy - double the figure in 2019.
Source: dailymail.co.uk
3 Mistakes to Avoid for Speedy Refunds on Returned Purchases
When refunds get tied up for weeks, the consumer is often to blame. Here's how to boost your odds of getting paid back fast.
Source: businessinsider.com