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0.00112676056338026 0.00112676056338026 0.00112676056338026 0.00112676056338026 0.00112676056338026 0.00563380281690149 0.00112676056338026 -0.00845070422535203
Stock impact report

Vertex Commerce Study: Returnuary’s Growing Complexity Forces Retailers to Keep Pace

Vertex, Inc. - Class A (VERX) 
Company Research Source: GlobeNewswire
KING OF PRUSSIA, Pa., March 26, 2025 (GLOBE NEWSWIRE) -- Vertex Inc. (NASDAQ:VERX) (“Vertex” or the “Company”), a global provider of indirect tax technology solutions, reveals that while free, easy product returns are paramount for consumer loyalty, they also create significant indirect tax complexities for retailers managing a surge of returns. Data from the post-holiday ‘Returnuary’ season – spanning late December through early February – shows that the majority (81%) of consumers would rather keep an item or seek out a nearby store to complete a return than pay for return shipping. With free returns a clear consumer expectation, 68% of shoppers indicate that their return experience directly influences their decision to engage with a brand in the future—all of which adds to the indirect tax complexities retailers must navigate. Retailers must accurately refund sales tax collected at the time of purchase, which varies by jurisdiction and sales channel. With the influx of return Show less Read more
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