Chart of the Day: (Un)diminishing returns
It’s cost vs. convenience in the battle of returns
This year, US retail returns volume will reach $627.34 billion, representing 8.5% of all retail sales, according to our forecast. After surging in 2020 and 2021 (due to the pandemic ecommerce boom and stimulus-driven boost in consumer spending), growth normalized last year and will continue to slow through 2024. Go beyond the chart.
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