Rising Cost-of-Living Pressures Make Return Policies Crucial for Retail Success, Reveals Manhattan Associates Study
Manhattan Associates, Inc. (MANH)
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Source: PR Newswire
SYDNEY, Sept. 17, 2024 /PRNewswire/ -- As cost-of-living pressures mount and the post-End of Financial Year (EOFY) period settles in, the Australian retail landscape is being reshaped by a critical factor: return policies. New research from Manhattan Associates Inc. (NASDAQ: MANH) reveals that Australian consumers are increasingly cautious with their purchases and more likely to return items, making flexible and customer-friendly return options essential. The study showed that 72% of respondents are now more inclined to return products due to financial pressures, underscoring a shift towards more discerning purchasing behaviour."Australian consumers are more selective than ever," said Raghav Sibal, Managing Director, Australia & New Zealand for Manhattan Associates. "With tighter budgets and the financial reassessment following the EOFY, they are less inclined to keep items that do not meet their expectations, making a retailer's return policy a critical factor in their purchasing dec
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News
- Rising Cost-of-Living Pressures Make Return Policies Crucial for Retail Success, Reveals Manhattan Associates Study [Yahoo! Finance]Yahoo! Finance
- Manhattan Associates, Inc. (NASDAQ: MANH) had its price target raised by analysts at Loop Capital from $265.00 to $285.00. They now have a "buy" rating on the stock.MarketBeat
- Manhattan Associates Recognized for Its Outstanding Workplace CultureBusiness Wire
- Empowering Tomorrow: Manhattan Associates Unveils Industry-First Innovations at APAC Exchange 2024 [Yahoo! Finance]Yahoo! Finance
- Empowering Tomorrow: Manhattan Associates Unveils Industry-First Innovations at APAC Exchange 2024PR Newswire
MANH
Earnings
- 7/23/24 - Beat
MANH
Sec Filings
- 8/30/24 - Form 4
- 8/29/24 - Form 144
- 8/28/24 - Form 144
- MANH's page on the SEC website