"Each year, consumers return about $380 billion worth of goods — $90 billion of which are processed during the holiday." according to Optoro, a tech company that helps major retailers manage their returns.
Representatives from Optoro also state that "5 billion pounds of returned items end up in the trash heap. Moreover, only half of returns make it back onto shelves, the company estimates. The rest, due to circumstances such as damages or opened boxes, take a different path" (Posted: 9:44 AM, December 26, 2017, By: CNN WIRE).
For the full article, click here.
Representatives from Optoro also state that "5 billion pounds of returned items end up in the trash heap. Moreover, only half of returns make it back onto shelves, the company estimates. The rest, due to circumstances such as damages or opened boxes, take a different path" (Posted: 9:44 AM, December 26, 2017, By: CNN WIRE).
For the full article, click here.