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Returns are the logistics challenge no retailer wants to deal with. Recently, many companies such as Zara, H&M, and even Amazon changed their return policies to be far less lenient by charging for ...
The Ontario Deposit Return Program (ODRP), also simply known as Bag it Back, is a regulation of the province of Ontario, Canada.Its purpose is to divert recyclable materials from landfill or low-quality recycling uses by charging a fee for each alcoholic beverage container sold in the province, and processing the material for re-use or other recycling activities once the containers are ...
Return fraud is the act of defrauding a retail store by means of the return process.There are various ways in which this crime is committed. For example, the offender may return stolen merchandise to secure cash, steal receipts or receipt tape to enable a falsified return, or use somebody else's receipt to try to return an item picked up from a store shelf.
However, the days of across-the-board free returns are over: Amazon is instituting a $1 fee on some returns, marking a notable shift from the company's early days when the ethos was grow-at-all-costs.
The retail giant decided it won't be a target for abuse anymore and recently updated the wording of its return policy, saying they "reserve the right to deny returns, refunds, and exchanges" when ...
By contrast Calgary conducted a pilot project on curbside recycling in 1991 and then abandoned curbside collection for a drop-off system until a second pilot program in 2004, [10] [11] and currently collects recyclates only at private houses, with no plans to introduce collection at condo and apartment buildings before 2015.
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In the UK, Logistics costs for returns is estimated at between £20bn and £60bn per year. Figures show that 33% of retailers had to increase prices to counter rising returns volumes whilst 31% of retailers said managing returns impacts their profits. For some companies the costs of accepting returns amounts to as much as 5% of their annual ...