UPS to Acquire Happy Returns, a Leader in Reverse Logistics
Like those 18" cube Amazon Return boxes weren't bad enough. UPS stores are about to get hit with even more returns. I bet this caught Fedex off-guard. Happy Returns mostly partnered with Fedex.
ATLANTA--(BUSINESS WIRE)-- UPS (NYSE: UPS) announced today that it has entered into an agreement to acquire Happy Returns from PayPal (NASDAQ: PYPL). Happy Returns is a U.S.-based software and reverse logistics company that enables frictionless, no-box, no-label returns for merchants and consumers.
Like those 18" cube Amazon Return boxes weren't bad enough. UPS stores are about to get hit with even more returns. I bet this caught Fedex off-guard. Happy Returns mostly partnered with Fedex.