Business, Finance & Tech

Returns Post-Christmas Fueled by Social Media Trends

Name: Returns Post-Christmas Fueled by Social Media Trends
Uploaded: 2024-12-27T14:30:00-08:00
Channel: NBC Palm Springs
Description: As gift returns surge post-Christmas, retailers face challenges from rising return rates. The National Retail Federation reports $890 billion in annual returns, with social media trends like "try-on hauls" and "bracketing" driving up costs, potentially affecting future consumer prices.

By: NBC Palm Springs

December 27, 2024

Christmas returnssocial media shopping trendstryon haulsbracketingholiday returnspostChristmas shoppingretail return rates

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