By  on December 17, 2019

Returns. What a waste, right? Not quite, as marketplaces, shipping carriers and technology providers are ready to seize the post-holiday returns opportunity. This year technology company Optoro is predicting $100 billion in returns over the holiday season (from Thanksgiving through the end of January). This is up $6 billion from last year.

Last year, United Parcel Service reported more than 1.4 million packages were expected to be returned during the post-holiday season. For the informal “National Returns Day,” which falls on Jan. 2 this year, UPS estimates 1.9 million returned packages — 26 percent higher than last year’s peak.

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