Economists are adapting models and using social media to try to capture emerging trends in real time.
UPS estimates it will process a record 1.5 million Black Friday returns before Dec. 25.
Return season is upon us, and one out of four people is expected to return a holiday gift, according to a new survey from Wallethub. But what if that holiday gift you bought for yourself turned out to be the mistake and the window for returns has closed? Your credit card just might be able […]
The National Retail Federation estimates that 11 percent of online purchases will be returned this year. Even though more people are buying online, they are more inclined to make in-store returns, which brick-and-mortar stores hope will translate into added sales. Click the audio player above to hear the full story.
But retailers might actually want you to return gifts
No retailers like returns. But they generate a lot of data, that retailers are starting to use to make purchases stick.