Britt Beemer Returned Quotations

Today, only about one-third of holiday purchases are returned as compared to just four years ago, ... Returns are very expensive for retailers because they have to retag the item and mark down the price. If I bought something for $29 and return it, store may have to cut the price to as low as $14 before restocking it.

Gift cards are becoming an easier gift to give. Of course, nobody ever returned cash, either.