Returns without technology solutions currently lose 66 percent of product value. Between wages, transportation, merchandise value loss and disposition loss, this totals about $65.50 per item on the average e-commerce order. Due to record fuel prices and supply chain disruptions, some major retailers are even considering letting customers keep their returns and refunding them regardless…
Ben Freedman
In an era when food, groceries, barns and ultimately anything is delivered on-demand to consumers' doorsteps, why are we just starting to see return pickup offered? Even major retailers like Amazon.com and Walmart have only started offering return pickup recently. It seems like a simple offering, but with weight and size restrictions, varying distances from…