Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • The Ultimate Logistics of Airplane Food
    • How Qatar Airways Prepares 200,000 Meals From Scratch Every Day
    • How Commodity Markets Work: A Comprehensive Guide
    • Top Kafka Use Cases You Must Know
    • Understanding KPIs Associated with the Online Customer Journey
    • Understanding Net Promoter Score (NPS) in Simple Terms
    • When My App Failed Because It Only Worked on Tuesdays
    • The Day My Business Card Was Misprinted as a Pizza Menu
    Facebook X (Twitter) LinkedIn Pinterest RSS
    Retail MarTech AI
    Leaderboard Ad
    • Home
      • Contact Us
      • Editor’s Picks
      • Write for Us
    • About
    • Topics
      • World Wide Web
      • Retail Marketing Technology
      • Ultimate Business Pivots
      • Failure Stories
        • Startup Failure Stories
        • Business Failure Stories
        • Strategy Failure Stories
        • Marketing Failure Stories
        • Product Failure Stories
        • Rise and Fall Stories
      • Organization
        • Bad Boss
        • Outsourcing
        • Management
        • Organizational Behavior
        • Human Resources
      • Startups
        • Idea Pitch
        • Startup Fund Raising
        • Startup Success Stories
      • Energy
        • Energy Crisis
        • Recycling
        • Waste
        • Renewable
        • Solar Power
        • Solar Vehicles
        • Wind Power
        • Wind Turbine
        • Electric Power
        • Electric Vehicles
        • HydroPower
      • Engineering
      • FIRE Stories
      • Leadership
      • Economy
        • GDP
        • World Economy
        • Inflation
        • Recession
        • Financial Markets
        • Commodity
        • Demand and Supply
        • Globalization
      • Theorems
      • Sustainable Living
      • Airlines
      • Water
      • Agriculture
      • Railway
      • Automotive
      • Media
      • Trends
      • Visa & Immigration
    • Learn
      • Languages
        • Learn German
          • German Dialogue
          • Day to Day German
          • German Grammar
        • Learn French
      • Poetry
      • Roadmaps
      • How To Create
        • WordPress Website
        • Online Payment Link
        • Online Teaching Videos
      • Learn Programming
        • Frontend
          • Web Development
          • Mobile App Development
            • Flutter
            • MongoDB
        • Backend
          • Web Development
          • Mobile App Development
      • Full Stack Development
      • Data Science Online
        • Statistics Online
        • Python
        • R Programming
        • SAS
        • Marketing Analytics
        • Big Data Online
          • Hadoop
          • MapReduce
          • Apache Pig
          • Apache Hive
          • Apache Spark
      • Work Life Balance
      • How it is Made
      • How Things Work
      • DIY (Do It Yourself)
      • IQ Test
    • Retail
      • History of Retailers
      • A to Z of Retail Marketing
      • Success Stories
      • Failure Stories
      • Retailers
        • Supermarkets
        • Grocery Stores
        • Brick and Mortar
      • Retail Technology
        • AI Retail
        • IOT Retail
        • AR Retail
        • Big Data Retail
        • Blockchain Retail
      • Retail Marketing
        • Retail Marketing Strategy Guides
        • In-Store Marketing
        • Out of Store Marketing
        • Digital Marketing
      • Stationery
      • Retail Management
        • Store Design
        • Top Retail Ads
      • Omnichannel Retail
      • Supply Chain
        • Supply Chain Guides
        • Warehouse
        • Procurement
        • Logistics
        • Manufacturing
        • Supply Chain Crisis
      • Retail Shipping
      • E-Commerce
      • Shopping
      • Fashion
    • Marketing
      • Brand
      • Pricing
        • Pricing Strategy
        • Pricing Analytics
        • Price Optimization
        • Price Elasticity
      • Marketing Mix
      • Customer
        • Customer Service
        • Customer Experience
        • Customer Lifetime Value
        • Customer Acquisition
        • Customer Retention
        • Customer Journey
        • Customer Engagement
      • Marketing Technology
        • Digital Transformation
        • Digital Marketing
          • Website Marketing
          • Email Marketing
          • SMS Marketing
          • Social Media Marketing
          • Search Engine Optimization
        • Customer Tools
        • Digital Attribution
      • Advertising
      • Promotion
      • Marketing Strategy
      • Mobile Marketing
      • Neuromarketing
    • Technology
      • Internet
      • Cloud
      • Retail Marketing Technology
      • Shoe Technology
      • Telecom
      • Information Technology
      • Customer Data Platform
      • Artificial Intelligence
        • ChatGPT
        • Robotics
        • Internet of Things (IOT)
        • Self Driving Cars
      • Tutorials
      • Blockchain
        • Web3
        • Crypto
        • Metaverse
        • Dapps
        • Blockchain Guides
      • Analytics
      • Big Data
      • Tech Videos
      • Tech Failures
      • 3D Printing
        • 3DP Guides
        • 3DP Slicer
        • 3DP Tuning
        • 3DP Processes
        • 3DP Applications
      • Battery
      • Smart Cities
        • Green Places
        • Smart Grid
        • Smart Energy
        • Smart Mobility
        • Smart Home
      • Databases
      • Operating Systems
    • Education
      • Schools and Universities
      • Aptitude Tests
        • Learning Guides
        • Mensa IQ Tests
        • Abstract Reasoning
        • Logical Reasoning
        • Diagrammatic Reasoning
        • Spatial Reasoning
        • Raven’s Progressive Matrices
        • Puzzles
      • Kids Learning
      • Free Online Learning
      • Exams and Tests
      • Interview Questions
      • Education Technology
    • Business
      • Business Pivot
      • Learning Videos
      • So Expensive
      • Humor
      • Do What You Love
      • Finance
      • Entrepreneurship
      • Innovation
      • Rags to Riches Stories
      • Success Stories
      • Venture Capital
      • Leaders’ Talks
      • Silicon Valley
      • Business Model
    Retail MarTech AI
    You are at:Home » The Ultimate Story on the Huge Waste of Online Returns

    The Ultimate Story on the Huge Waste of Online Returns

    0
    By AM on June 6, 2022 E-Commerce, Retail

    Where do Online Returns Really End Up And What Amazon Is Doing About It. Watch the Story for fully Story.

    The Huge Waste of Online Returns

    Sending back an online order has never been easier. It’s often free for the customer, with some retailers even allowing customers to keep the item while offering a full refund. Amazon returns can be dropped off at Kohl’s, UPS or Whole Foods without boxing it up or even printing a label.

    But there’s a darker side to the record number of returns flooding warehouses after the holidays. In 2021, a record $761 billion of merchandise was returned, according to estimates in a new report from the National Retail Federation.

    That report says 10.3% of those returns were fraudulent. Meanwhile, Amazon third-party sellers told CNBC they end up throwing away about a third of returned items.

    CNBC

    The Issue of Unsold Inventory

    As per this CNBC Report – Every year, Amazon and other retailers end up with billions of pounds of excess, unsold inventory that they’re sending straight to landfills, or incinerating. Returns in the U.S. create more than 5 billion pounds of waste in landfills each year, and more than 15 million metric tons of carbon dioxide. The problem is only growing as Amazon leads the way in bringing more shoppers online, where the rate of returns is 25%, compared to just 9% for in-store purchases.

    Now, the e-commerce giant and other tech companies and retailers are increasing donation efforts and using data and A.I. to cut back on the wasted inventory clogging our landfills and our planet. Watch the Video to know more

    View, Read and Learn more here:

    • Ecommerce
    • Marketing Mix
    • Business Stories
    • Retail Failure Stories
    • Startup Failure Stories
    • Travel Food Culture
    • Retail Articles
    • Customer Related Articles
    Amazon How Amazon is doing about Online Returns Huge Waste of Online Returns Online Returns Unsold Inventory Problem
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    AM
    • Website

    AM, The Founder and CEO of RetailMarketingTechnology.com is an Entrepreneur & Business Management Professional with over 20+ Years Experience and Expertise in many industries such as Retail, Brand, Marketing, Technology, Analytics, AI and Data Science. The Industry Experience spans across Retail, FMCG, CPG, Media and Entertainment, Banking and Financial Services, Media & Entertainment, Telecom, Technology, Big Data, AI, E-commerce, Food & Beverages, Hospitality, Travel & Tourism, Education, Outsourcing & Consulting. Currently based in Austria and India

    Related Posts

    How AI and Automation Are Taking Over Grocery Stores and Drive-Thru Lanes

    The Beacon Technology – The All in One Guide

    The Ultimate Guide to IOT Components in Retail

    Comments are closed.

    Latest Posts
    February 24, 2025

    The Ultimate Logistics of Airplane Food

    February 22, 2025

    How Qatar Airways Prepares 200,000 Meals From Scratch Every Day

    February 20, 2025

    How Commodity Markets Work: A Comprehensive Guide

    September 27, 2024

    Top Kafka Use Cases You Must Know

    FIRE Stories
    FIRE Stories
    November 21, 20220 FIRE Stories

    The FIRE Story of a Traveller Who Settled in Mexico

    1 Min Read

    Learn How Roshida Retired at 39 after Traveling the World for about 6 months, and realising that she didn’t want to go back to work. With Financial Independence, she Retired Early & Settled in Mexico.

    November 21, 2022

    The FIRE Story of a Couple who Saw a Health Crisis

    November 17, 2022

    The Quit 9-5 FIRE Story of a Colorado Couple

    October 28, 2022

    The Ultimate FIRE Story of a Frugal Software Engineer

    October 14, 2022

    The Ultimate FIRE Story of an Internet Entrepreneur

    Copyright © 2025 ReMTech.
    • Home
    • Retail
    • Marketing
    • Technology
    • Education
    • Business

    Type above and press Enter to search. Press Esc to cancel.