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The Latest UPS Headlines
UPS expects record number of gift returns on Tuesday
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<blockquote data-quote="cheryl" data-source="post: 921688" data-attributes="member: 1"><p><a href="http://www.reuters.com/article/2012/01/02/us-usa-retail-returns-idUSTRE8010KM20120102" target="_blank"><strong>Returns of online holiday gifts to hit record - Reuters</strong></a></p><p></p><p>With a Christmas season that has seen record e-commerce sales coming to a close, returns should hit an all-time high on Tuesday for United Parcel Service (UPS.N).</p><p></p><p>The delivery company expects to handle more than 550,000 returns on Tuesday, a record, and up almost 8 percent from a year earlier. Several other days during the first week of 2012 will also top half a million returns, UPS said.</p><p></p><p>"This will definitely be the busiest year for returns," Ken Burkeen, marketing director of the retail and consumer products division at UPS, told Reuters.</p></blockquote><p></p>
[QUOTE="cheryl, post: 921688, member: 1"] [URL="http://www.reuters.com/article/2012/01/02/us-usa-retail-returns-idUSTRE8010KM20120102"][B]Returns of online holiday gifts to hit record - Reuters[/B][/URL] With a Christmas season that has seen record e-commerce sales coming to a close, returns should hit an all-time high on Tuesday for United Parcel Service (UPS.N). The delivery company expects to handle more than 550,000 returns on Tuesday, a record, and up almost 8 percent from a year earlier. Several other days during the first week of 2012 will also top half a million returns, UPS said. "This will definitely be the busiest year for returns," Ken Burkeen, marketing director of the retail and consumer products division at UPS, told Reuters. [/QUOTE]
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UPS expects record number of gift returns on Tuesday
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