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According to a report from marketplace platform B-Stock, 77 percent of consumers expect to return a portion of their gifts this season, meaning that the indulgence in holiday spending (Adobe Analytics reported $115.5 billion spent this holiday shopping season, in the period from Nov. 1 to Dec. 15) anywhere from 11 to 13 percent of those holiday purchases are returned.
More from the B-Stock Blog
Can You Find Luxury Brands in Clothing Auctions?
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The Rise of Recommerce: Navigating Inventory Challenges in a Softening Retail Landscape
While the world watches and waits to see how the Trump administration will roll out and enact higher tariffs, the retail industry has been working overtime to prepare. The National Retail Federation (NRF) recently announced that they anticipate U.S. port…
