News
Featured in 
CT Insider

Retailers are offering ever-expanding ways to exchange unwanted holiday gifts

Published: 
December 12, 2022

The returns logistics company goTRG estimates that, on average, the return on a $50 product eats up anywhere from $20 to $28 in shipping, processing and repackaging costs, with resale prices not making up the difference.

With the cost of labor and fuel popping last summer, increasing numbers of retailers are following Wayfair’s model by requiring customers to pick up at least some of the cost of shipping on returns, including Abercrombie & Fitch, Foot Locker, Kohl’s and L.L. Bean — the latter once famed for its lifetime guarantee of a full refund on most products it sold.

Continue on the official source
About ReturnPro

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.

Press Contact

Fara Alexander
falexander@returnpro.com