In fashion, returns are an age-old, billion-dollar problem, set to become an even more pressing concern as the economic downturn continues into 2023 and retailers tackle excess inventory.
At the start of 2022, consumers in the USA were predicted to return more than $761 billion worth of clothing, according to the National Retail Federation — a reported 20.8 percent of all online purchases — this year alone. And that figure is only growing…
ReturnPro is a leading reverse logistics company that specializes in solving returns. ReturnPro’s connected suite of returns management SaaS, reverse supply chain, and ReCommerce services, under one roof, delivers a true end-to-end solution for returns from initiation through resale. ReturnPro works with retailers, eCommerce brands, and vendors, to deliver the smartest choices for every touch movement and pricing decision, while also preventing items from unnecessarily ending up in landfills.
Fara Alexander
falexander@returnpro.com
