Boxing Day Retail Returns Jump 15% in 2024 | SupplyChainBrain

Dec 30, 2024 · Retail returns the day after Christmas increased by more than 15% year-over-year in 2024, as consumer-friendly return policies continue to drive shopping decisions across the …

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Boxing Day Retail Returns Jump 15% In 2024 | SupplyChainBrain

1 week from now

Dec 30, 2024 · Retail returns the day after Christmas increased by more than 15% year-over-year in 2024, as consumer-friendly return policies continue to drive shopping decisions across the …

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Customer Relationship Management - Articles | SupplyChainBrain

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Dec 16, 2024 · SupplyChainBrain. Across Appriss Retail's 60 U.S. retail clients, total merchandise returns in 2024 were valued at $685 billion, and made up more than 13% of all sales. ...

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Reverse Logistics - Articles - SupplyChainBrain

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Jan 6, 2025 · Across Appriss Retail's 60 U.S. retail clients, total merchandise returns in 2024 were valued at $685 billion, and made up more than 13% of all sales. Read More Boxing Day Retail …

supplychainbrain.com

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E-Commerce/Omni-Channel - Articles | SupplyChainBrain

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Jan 6, 2025 · SupplyChainBrain. Capgemini found that customer satisfaction with Gen AI technology has decreased year-over-year, dipping from 41% in 2023 to 37% in 2024. ...

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Boxing Day Shopping Habits In 2024: The Decline Of High Streets

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Dec 27, 2024 · Barclays reports that in 2023, 63.9% of Boxing Day retail transactions occurred online, a figure that is expected to grow in 2024. Retailers with robust digital platforms have …

ceotodaymagazine.com

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Returns Are An $890 Billion Problem For Retailers - NBC News

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Dec 8, 2024 · Returns in 2024 are expected to amount to 17% of all merchandise sales, totaling $890 billion in returned goods, according to a new report by the National Retail Federation and …

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Retail Returns Add Up To An $890B Problem In 2024: Can …

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Dec 11, 2024 · Although holiday shopping records are set to be broken as 2024 draws to a close, as CNBC indicated, there remains one serious problem with selling such a large volume of …

retailwire.com

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Retail Returns Surge To $890 Billion: How Retailers Are Adapting …

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Dec 8, 2024 · Merchandise returns are estimated to hit $890 billion for 2024, which is about 16.9% of sales. “Returns play an important role within the retail ecosystem and offer an …

forbes.com

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Boxing Day Footfall To Rise +2% Year-on-year After Stellar Super ...

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Dec 24, 2024 · After a jump in shopper counts over ‘Panic Weekend’ (21 and 22 Dec 2024), Boxing Day (26 Dec 2024) store traffic is also expected to rise +2%, according to RetailNext, …

retail-focus.co.uk

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2024 Holiday Returns: Prepare For Post-Christmas Surge - B-Stock …

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Dec 11, 2024 · However, with increased sales comes an onslaught of returns: the National Retail Federation (NRF) reports that 12-15% of holiday purchases are returned, equating to $100 …

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Boxing Day Retail: A Changing Picture Of Retail Sales In The UK

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Dec 27, 2024 · Despite the drop in footfall, total retail spending on Boxing Day is expected to reach billions this year, according to Barclays, which says it sees nearly 40% of the nation's …

forbes.com

FAQs about Boxing Day Retail Returns Jump 15% in 2024 | SupplyChainBrain Coupon?

Should you host a Boxing Day sale in 2024?

Whether you’re running a brick-and-mortar store or an e-commerce site, Boxing Day sales offer a unique chance to capitalize on the post-holiday rush. This guide will dive into strategies for hosting a successful Boxing Day sale in 2024, including pricing tactics, inventory management tips, and customer retention methods. ...

How much will holiday shopping return in 2024?

Holiday shopping is expected to reach record levels this year. But a growing share of those purchases will be sent back. Returns in 2024 are expected to amount to 17% of all merchandise sales, totaling $890 billion in returned goods, according to a new report by the National Retail Federation and return management company Happy Returns. ...

How do shoppers use Boxing Day?

Many shoppers use Boxing Day to spend gift cards they received for Christmas. Enhance their experience by offering discounts or bonus credit when they redeem their cards. To maximize Boxing Day sales, it’s crucial to understand the psychology of post-holiday shoppers: ...

How to maximize Boxing Day sales?

To maximize Boxing Day sales, it’s crucial to understand the psychology of post-holiday shoppers: Value-Driven: Customers are looking for deals to stretch their budgets after Christmas spending. Impulse Buyers: The excitement of a sale can lead to spontaneous purchases. ...

Why are Boxing Day sales important?

Today, it’s synonymous with post- Christmas sales and shopping sprees. For retailers, it’s an essential part of the holiday shopping calendar, sitting alongside Black Friday and Cyber Monday as a high-volume sales event. Why Boxing Day Sales Are Crucial for Retailers? ...