|
|
|
1. [READ] Why brands are prepping new return policies for Q4 |
- Retailers expect 17% of holiday sales to be returned.
- 58% of consumers abandoned brands over return policies; 92% say return fees influence purchases.
- Brands testing return messaging near “Add to Cart” almost unanimously see increased sales.
|
|
|
|
|
|
|
- 68% of retailers now charge return fees, up from 43% five years ago.
- Returns cost retailers 27% of purchase price, pushing brands to protect margins.
- Returns correlate to a drop of roughly 1.6 stars in its 1-to-5 star rating range.
|
|
|
|
|
|
3. [READ] Rhode Island Launches Tax Amnesty Program |
- Rhode Island’s 75-day tax amnesty runs December 3, 2026 through February 15, 2027.
- Eligible businesses receive waived penalties and 25% reduced interest on qualifying unpaid state taxes.
- Taxpayers facing criminal tax investigations or pending tax fraud cases are ineligible for amnesty.
|
|
|
|
In Other News |
|
|
|
[READ] Holiday spending forecast to top $1 trillion |
- Holiday retail sales could top $1 trillion, up 4.5%, though inflation drives over half the growth.
- Online sales are forecast to jump 9%, significantly outpacing 2.5% in-store growth.
- 24% of shoppers plan to start holiday shopping with AI platforms, up from 17%.
|
|
|
|
|
|
We'd love to know what you think about this newsletter. Love it? Hate it? How can we improve it?
Reply to this email and let us know. 😊 |
|
|
|
|
|
You Don't Want to Do Your Accounting... But We Do! |
|
Here's how we can help: |
|
|
|
|
|
|
