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How Much Did We NOT Like Our Christmas Gifts? Try 49 Billion Worth

Shoppers in Reverse-returns
(Photo by David Goldman/Getty Images)

It’s almost as bad as Black Friday,  the first three days after Christmas.

If you plan to go to any major retailer thru Wednesday, you will see the familiar “reverse” lines in some of the checkout lines.  Set up for the many returns expected, retailers nationwide expect nearly 49 billion dollars worth of products, from clothes to toys and more, to be returned or exchanged after Christmas. The National Retail Association says Christmas shopping overall was strong, up 2% from last year, while online shopping rose 15%.   About ten percent of all holiday related retail purchases will be returned or exchanged, amounting to the nearly 49 billion dollars.

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