E-commerce retailers hit in the wallet by return of record number of unwanted gifts

Take-back Tuesday, Wing-back Wednesday – monikers for e-commerce days continue to abound.
This week has seen the e-commerce sector announce record returns as unwanted Christmas presents go back to warehouses throughout the US and Europe.
ParcelHero said Tuesday had been its biggest returns day – up 22% on 2016 –  what would cost UK SMEs alone £20m, owing to the high cost of returns. It said some retailers had seen as much as 60% …

The post E-commerce retailers hit in the wallet by return of record number of unwanted gifts appeared first on The Loadstar.

Source: The Loadstar

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