Retail Insight Network on MSN

The hidden cost of product returns in e-commerce

Generous return policies may boost conversions, but behind the scenes they quietly erode margins, strain operations, and ...
Product returns are unavoidable in e-commerce. But how you handle them is what separates a one-time buyer from a lifelong customer. Today, a convenient return policy isn’t a perk; it’s the price of ...
People who opt to get a Costco membership and maintain it get to enjoy a slew of perks, namely the ability to purchase excellent quality products, often at a lower cost. This includes not just the ...
Investing in home appliances takes a lot of research, but what if you need to return something? Here's how Home Depot's and ...
Seventeen percent of purchases made in 2022 were returned — and new return fees are the result. Eighty-one percent of surveyed retailers have begun charging for at least one return method in the last ...
In 2018, L.L. Bean ended its century-old “lifetime” return policy, limiting returns to one year after purchase and requiring receipts. The demise of this popular policy sparked backlash, with several ...
‘Tis the season of shopping and gifting! Now is the time to start the hunt for the perfect holiday gifts for your loved ones.However, there is always the chance the item you purchased does not live up ...
After this season's peak holiday shopping days, retailers expect their return rate to be 17% higher, on average, than usual. By the end of 2024, returns are expected to total $890 billion. The growing ...
Today Apple is rolling out holiday theming at retail stores and the online Apple Store. Alongside these decorative changes, the company has kicked off its holiday return policy. Per Apple’s website: ...
Costco Wholesale shoppers in Illinois should check their recently purchased items for recalls, as the big-box retailer has recalled nearly a dozen products in the past several months. The recalled ...