National Retail Federation
NEWS RELEASE
THE VOICE OF RETAIL WORLDWIDE
Liberty Place, 325 7th Street, NW, Suite 1100, Washington, DC 20004
FOR IMMEDIATE RELEASE
Contact: Kathy Grannis (202) 821-7513 or
grannisk@nrf.com
www.nrf.com/holidays
Most Shoppers Think Retailers Have Fair Return Policies,
According to NRF Holiday Returns Survey
--2/3 of Gift Recipients Did Not Return a Single Gift Last Holiday Season--
Washington, December 10, 2008 – Shoppers buying their friends and family gifts this year want peace of mind that a duplicate gift or one that doesn’t fit properly can be returned at any time. This holiday season, many retailers are adjusting their return policies to be more accommodating to holiday returners and shoppers are holding up their end of the bargain by giving gift receipts with holiday gifts.
According to the National Retail Federation’s 2008 Holiday Returns Survey, conducted by BIGresearch, many gift givers try to meet retailers halfway by attaching gift receipts with packages. Nearly 60 percent (59.6%) of shoppers said they include either the original receipt or a gift receipt at least some of the time, slightly higher than 57.5 percent who said the same last year. In addition, the survey found that nearly nine out of ten Americans (87.2%) feel retailers’ return policies are fair.
NRF’s annual Return Fraud Survey, released in November, found more than half (52%) of retailers return policies will be more lenient during the holiday season than the rest of the year.
“As retailers grapple with a struggling economy, providing great customer service remains a top priority,” said NRF President and CEO Tracy Mullin. “Retailers will make sure they have extra staff available to assist with holiday returns this year.”
While retailers view returns as a cost of doing business, most gift recipients don’t return a thing. According to the survey, two-thirds (65.2%) of gift recipients did not return any gifts last holiday season.
NRF tips for stress-free returns after
the holidays:
1. Know the
retailer's return policy before you buy. Most retailers have return policies
prominently displayed, especially at this time of year. Gift-givers should read
and remember them. If policies are not clearly displayed, ask a sales associate
or a manager to explain them to you.
2. Save and file all receipts! Receipts are still the key to hassle-free
returns. Some retailers will allow consumers to exchange merchandise without a
receipt, but without a receipt, a retailer may only provide merchandise credit
for the lowest markdown-price at which the item was sold during the holiday
season. Make sure to provide the recipient with a gift receipt to save hassle
after the holidays.
3. Provide all original packaging and all parts (including tags) when giving a
gift. Some retailers won't accept returns unless the item is in its original
package. If you plan to take back a gift when it is unwrapped, resist the urge
to open it or play with it. No one wants to buy someone else's merchandise.
4. Make online returns easy! Returns are a part of shopping, no matter where
you buy. In addition to the other rules of returns, here are a few things to
find out before you purchase a gift online:
- Know the process: Who pays for shipping the return--you or the merchant? Some
merchants will pick up the delivery charges for exchanges, but not for returns,
others offer free return shipping on every return.
- Where to make returns: Does the retailer have a physical store, and can
returns or exchanges be made there? Make sure you have the correct address if
you need to mail returns back to the company. Some merchants have offsite
service centers to handle returns that may be in a different location from where
the merchandise is sent.
5. Be patient. Remember, the week after Christmas is one of the busiest weeks
of the retail year. With people’s frustration high and tolerance low, be patient
when returning merchandise.
About the Survey
The NRF 2008 Holiday Consumer Intentions and Actions Survey was designed to
gauge consumer behavior and shopping trends related to the winter holidays. The
survey polled 8,758 consumers and was conducted for NRF by BIGresearch, November
5-11, 2008. The consumer poll has a margin of error of plus or minus 1.0
percent.
BIGresearch is a consumer market intelligence firm that provides unique
consumer insights that are gathered online utilizing very large sample sizes.
BIGresearch’s syndicated Consumer Intentions and Actions survey monitors the
pulse of more than 8,000 consumers each month to empower its clients with unique
insights for identifying opportunities in a fragmented and changing
marketplace.
The National Retail Federation is the world's largest retail trade association,
with membership that comprises all retail formats and channels of distribution
including department, specialty, discount, catalog, Internet, independent
stores, chain restaurants, drug stores and grocery stores as well as the
industry's key trading partners of retail goods and services. NRF represents an
industry with more than 1.6 million
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