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The Latest UPS Headlines
Today is ‘National Returns Day’ and UPS anticipates nearly 2 million unwanted gifts to ship
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<blockquote data-quote="cheryl" data-source="post: 4320292" data-attributes="member: 1"><p><a href="https://www.cnbc.com/2020/01/02/today-is-national-returns-day-and-ups-anticipates-nearly-2-million-unwanted-gifts-to-ship.html" target="_blank"><strong>Today is ‘National Returns Day’ and UPS anticipates nearly 2 million unwanted gifts to ship - CNBC</strong></a></p><p></p><p>United Parcel Service on Thursday expects to ship 1.9 million gifts and other items back to U.S. retailers as e-commerce fuels an anticipated 26% year-over-year volume surge on “National Returns Day.”</p><p></p><p>Jan. 2 is the busiest day for holiday returns in the United States. U.S. shoppers return more packages than their peers around the globe, spurred by free shipping on orders and returns - costly perks that squeeze retailer profits.</p><p></p><p>About 10% of goods sold in the United States go back to retailers every year, resulting in roughly $369 billion in lost sales, according to a 2018 report from Appriss Retail and National Retail Federation.</p></blockquote><p></p>
[QUOTE="cheryl, post: 4320292, member: 1"] [URL='https://www.cnbc.com/2020/01/02/today-is-national-returns-day-and-ups-anticipates-nearly-2-million-unwanted-gifts-to-ship.html'][B]Today is ‘National Returns Day’ and UPS anticipates nearly 2 million unwanted gifts to ship - CNBC[/B][/URL] United Parcel Service on Thursday expects to ship 1.9 million gifts and other items back to U.S. retailers as e-commerce fuels an anticipated 26% year-over-year volume surge on “National Returns Day.” Jan. 2 is the busiest day for holiday returns in the United States. U.S. shoppers return more packages than their peers around the globe, spurred by free shipping on orders and returns - costly perks that squeeze retailer profits. About 10% of goods sold in the United States go back to retailers every year, resulting in roughly $369 billion in lost sales, according to a 2018 report from Appriss Retail and National Retail Federation. [/QUOTE]
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Today is ‘National Returns Day’ and UPS anticipates nearly 2 million unwanted gifts to ship
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