The holiday gift return rush has started. Here's what to know before you send back unwanted presents. [CBS News]
NerdWallet, Inc. (NRDS)
Company Research
Source: CBS News
As Latonya Rascoe was getting the last wave of Christmas gifts ready to ship out of a Fedex office in Anchorage, Alaska, another wave was coming. "We even work Christmas Day here at the front counter, taking your returns," said Rascoe. Starting Friday, the National Retail Federation predicts that nearly $900 billion in goods will be returned. Holiday returns rush The NRF expects about 17% of sales to be returned this year, which peak between now and Jan. 2. Last year, e-commerce purchases were the most likely to be sent back, making the holiday shipping season a lot longer. "They're returns on everything they don't like, everything they don't want, everything that was too small, too big, we return," said Rascoe. At the FedEx shipping hub in Anchorage, they sort up to 80,000 packages per day. FedEx's holiday rush goes from the beginning of Thanksgiving until three weeks after Christmas, according to FedEx senior ramp manager Tracy Watkins. She works to keep the nearly
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- The Fed expects to cut rates more slowly in 2025. What that could mean for mortgages, debt and more [Los Angeles Times (CA)]Los Angeles Times
NRDS
Earnings
- 10/29/24 - Miss
NRDS
Sec Filings
- 12/23/24 - Form 4
- 12/19/24 - Form 4
- 12/17/24 - Form 4
- NRDS's page on the SEC website