UPS Predicts Record-Breaking National Returns Day
Atlanta, Dec. 26, 2019 (GLOBE NEWSWIRE) --
-- UPS expects to process a record 1.9 million returns Jan. 2, 2020, up 26% from the prior year. -- This will mark a seventh consecutive record, illustrating how e-commerce continues transforming shopping patterns. -- UPS offers convenience and transparency in the returns process, benefitting both consumers and retailers.
UPS (NYSE: UPS) predicts a seventh consecutive record-breaking National Returns Day as consumers send back holiday orders ranging from ill-fitting sweaters to duplicate kitchen gadgets. On Jan. 2, consumers are expected to deposit 1.9 million returns packages into the UPS network – a 26% spike from last year’s peak returns day.
This process is a change from years past, when consumers would rush to physical retailers the day after Christmas and stand in long lines to make returns. UPS has helped rewrite that narrative by offering both retailers and consumers tools to make the returns process flexible, transparent and profitable. Now, consumers make purchases with returns in mind, and, according to the UPS Pulse of the Online Shopper study, 73% of online shoppers say the returns experience affects their likelihood to buy from a retailer again.
“For retailers, a seamless returns process is essential to keeping and growing business,” said Kevin Warren, UPS chief marketing officer. “We proudly offer businesses of all sizes – from global players to small and medium-sized merchants – the sophisticated returns services that today’s consumers demand.”
U.S. consumers can take their UPS Returns® packages to:
-- More than 36,000 UPS drop boxes for smaller packages with labels. -- UPS delivery drivers, who can directly receive a return package with a label. -- More than 4,800 The UPS Store® locations, which in addition to UPS Access Point® services, can help with full-service packing, shipping and returns needs. -- More than 14,000 UPS Access Point® locations, including Michaels, Advance Auto, CVS Pharmacy and The UPS Store® locations, which accept pre-labeled UPS packages.
Click here to learn more about UPS’s Access Point network and to find an easy returns location near you.
Retailers can make the most of their returns process with UPS services such as:
-- UPS Returns®Manager is a portal offering shippers control and visibility over their returns. The service allows shippers of all sizes to create and manage returns policies and designate the return destination; -- UPS Print Return Labelscan be included in outbound shipments to simplify the returns process; -- UPS Electronic Return Labelscan be emailed to consumers directly from UPS to improve their returns experience; -- UPS Returns®Plusallows the merchant to send a driver to deliver a return label and pick up the return package from any address; -- UPS Returns®Exchangeis when a driver simultaneously picks up the return item in exchange for the replacement item delivery; and -- UPS Mail Innovations® Returns allows customers to return flat and lightweight packages through the postal channel of his or her choice; and -- Optoro and UPSwork together to provide a streamlined reverse logistics solution that combines UPS’s operational and logistics expertise with Optoro’s returns optimization platform that can help maximize recovery value and reduces harmful environmental waste.
Join us for a new webinarRetailers looking to create an excellent returns experience are encouraged to join UPS’s next webinar: How to Become a Returns Rock Star on Jan. 16. In this webinar UPS experts Jim Brill, U.S. project manager for reverse logistics, and Sean Flaherty, VP of global retail and e-commerce strategy, will discuss the industry’s latest trends and how businesses can make the most of returns. Click here to register.
About UPSUPS (NYSE: UPS) is a global leader in logistics, offering a broad range of solutions including transporting packages and freight; facilitating international trade, and deploying advanced technology to more efficiently manage the world of business. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide. UPS was awarded America’s Best Customer Service company for Shipping and Delivery services by Newsweek magazine; Forbes Most Valuable Brand in Transportation; and top rankings on the JUST 100 list for social responsibility, the Dow Jones Sustainability World Index, and the Harris Poll Reputation Quotient, among other prestigious rankings and awards. The company can be found on the web at ups.com or pressroom.ups.com and its corporate blog can be found at longitudes.ups.com. The company’s sustainability eNewsletter, UPS Horizons, can be found at ups.com/sustainabilitynewsletter. To get UPS news direct, follow @UPS_News on Twitter. To ship with UPS, visit ups.com/ship.
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