In querying 500 retail professionals across the U.S., reverse logistics platform goTRG found that 65 percent anticipate seeing the same or higher return rates this holiday season as they did during 2021. Over 41 percent (206 retailers) said they expected to see between 10,000 and 50,000 units returned this season, while more than 27 percent (137 retailers) said they expected to receive between 50,000 and 100,000 product returns. Seventy-three percent of retailers rated returns as a moderate-to-severe problem for their business.
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Retailers Brace for Returns Tsunami
Published:
December 27, 2022
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