It is learned that according to a report from the National Retail Federation (NRF) and Appriss Retail, more than $761 billion worth of goods are expected to be returned in 2021, accounting for 16.6% of the total retail sales for the year, and the level of returns has increased compared to 2020 (10.6%). According to NRF data, in detail, approximately $218 billion worth of goods were returned in U.S. online purchases in 2021, accounting for 20.8% of sales, up from 18.1% in 2020. Additionally, for every $1 billion in sales generated by U.S. retailers, $166 million worth of merchandise is returned, and for every $100 in returned merchandise accepted, sellers lose $10.30. We found that these categories had the highest return rates in 2021: It is worth noting that, according to the payment method, the return rate of goods paid by credit card (22.78%), cash on delivery (12.69%) and debit card (7.04%) is higher. Editor ✎ Nicole/ Disclaimer: This article is copyrighted and may not be reproduced without permission. |
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