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US retailers may pay the price for extended holiday return season

(Reuters) — Major U.S. retailers longer return policies, launched during the pandemic this year to lure consumers, could leave them facing much higher costs if shoppers bring back a record-setting

Post-holiday gift returns reach record high

Shoppers in the US are expected to return around $114 billion worth of merchandise bought during the Christmas season.

Analysis-U S retailers may pay the price for extended holiday return season

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Pandemic fueled a hot hustle: - The Lima News

Pandemic fueled a hot hustle: By Ronald D. White - Los Angeles Times John Traches, who runs JT’s Merchandise Outlet in Santa Fe Springs, Calif., has created a thriving business reselling items during the pandemic. Photographed at JT’s Merchandise Outlet on April 27 in Santa Fe Springs, CA. It’s a hustle as old as humankind: Get something on the cheap; persuade someone to take it off your hands for more. After the pandemic shut people in and wiped out jobs, the gig got supercharged. One couple has sold $12,400 of Walmart instant soup mix since June. Another reseller is peddling boxes of 200 slightly wrinkled dresses for $800.

Pandemic fueled a hot hustle: buying stuff cheap, reselling at a profit

Pandemic fueled a hot hustle: buying stuff cheap, reselling at a profit
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