Small Business December 27, 2023
Wrong Size? Retailers on Track to See $743 Billion in Merchandise Returns for 2023
According to the report, for every $1 billion in sales, the average retailer incurs $145 million in merchandise returns. Online sales do see a higher return rate, with 17.6% or $247 billion of merchandise purchased online returned.
Isaac M. O'Bannon is the managing editor and digital content manager for CPA Practice Advisor (