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Holiday returns are a lot like the Grinch: out to steal your Christmas cheer. Considering 10 percent of holiday purchases are returned each year, there’s no denying their inevitable arrival in the weeks following December 25. This season will likely bring more returns given heightened consumer expectations of relaxed cross channel return policies and the rise in online shopping (which brings much higher return rates); buyer’s remorse and gift-recipient dislike will also play a large role.
Within the last few months, Big Lots, Channel Control Merchants, and American Freight have each announced bankruptcy. The immediate future looks different for each of these organizations, and while these developments were somewhat expected to those in the know, they’re…
Apple released four new iPhone 16 models in September 2024. While the announcement, hype, and release happened just as consumers and players in the mobile industry have come to expect, what happened next in the secondary market was something of…