This website uses cookies to improve your experience. By viewing our content, you are accepting the use of cookies. To find out more and change your cookie settings, please view our Privacy Policy.
-
Region
-
Category
-
Marketplaces
Popular Marketplaces
New Marketplaces
-
B-Stock News
UPS says it’s processing a record number of returns as 1 in 4 Americans plan to ship stuff back to sellers after the holidays
Jan 04 2022 · BY Editorial Team
Holiday shoppers bought an utterly staggering amount of stuff in November and December, and the share of those items bought online is growing.
Total retail spending was up 8.5% over the same period last year, according to MasterCard, while ecommerce sales grew 11%. Compared with 2019, ecommerce grew more than 60%.
Now that the holidays are passed, a portion of the massive volume of packages is now headed in the opposite direction.
UPS says it is on track to process more than 60 million return packages between November 14 and January 22 — a 10% increase over last year. In addition, one in four Americans is expected to make a return, Louisville TV station WDRB reported.
More from the B-Stock Blog
After Paris 2024, furniture and sporting equipment will find a second life
Ever wonder what happens to all the sports equipment, furniture, and other items used to furnish the various venues at major sporting events? Furniture and equipment from the olympic village and sporting venues in Paris are getting a second life…
B-Stock’s Summer Teammate Spotlight 2024: Meet Angelica Wang
B-Stock is so excited to welcome Angelica Wang to the Product Design team this summer! As a summer teammate, we know Angelica will be an incredible asset to the company. Angelica is currently studying Human-Computer Interaction at the University of…
