Fox News: Shoppers Returning Unwanted Holiday Gifts Represents 16.9% of Holiday Sales Which Are Up 3.8%

RUSH TRANSCRIPT Mike thank ░░░░░░░░ very much ian After ░░░░░░░░ holiday shopping season s ░░░░░░░░ that are set to ░░░░░░░░ records Fox business is ░░░░░░░░ Flock in New Jersey ░░░░░░░░ what he s seen ░░░░░░░░ Hello Jeff Always good ░░░░░░░░ see you Mike That ░░░░░░░░ mall and I m ░░░░░░░░ them all with the ░░░░░░░░ manager Senior manager is ░░░░░░░░ hidalgo We got numbers ░░░░░░░░ mastercard spending between November ░░░░░░░░ and December 24th up ░░░░░░░░ 8 Good news it ░░░░░░░░ means more returns Take ░░░░░░░░ look at these numbers ░░░░░░░░ amazing really 890 billion ░░░░░░░░ the end of the ░░░░░░░░ That s about 70 ░░░░░░░░ everything we bought Not ░░░░░░░░ news there but I ░░░░░░░░ in some ways it ░░░░░░░░ another opportunity 20 apparently ░░░░░░░░ people who return things ░░░░░░░░ spend more money Ryan ░░░░░░░░ don t mind returns ░░░░░░░░ are great People have ░░░░░░░░ they may not exactly ░░░░░░░░ and they have gift ░░░░░░░░ that they want to ░░░░░░░░ so they come out ░░░░░░░░ the mall with our ░░░░░░░░ collection of retailers to ░░░░░░░░ themselves some thing they ░░░░░░░░ And people want to ░░░░░░░░ to a physical location ░░░░░░░░ return and so that ░░░░░░░░ an opportunity for you ░░░░░░░░ more trap for you ░░░░░░░░ It s a social ░░░░░░░░ and people want to ░░░░░░░░ the merchandise and have ░░░░░░░░ immediacy of getting it ░░░░░░░░ away And one last ░░░░░░░░ I learned a new ░░░░░░░░ today It s called ░░░░░░░░ but it s where ░░░░░░░░ orders three or 4 ░░░░░░░░ colors and then sends ░░░░░░░░ other stuff back We ░░░░░░░░ told by the experts ░░░░░░░░ days may be over ░░░░░░░░ never find any fees ░░░░░░░░ return stuff to them ░░░░░░░░ we will take it ░░░░░░░░ out to the mall ░░░░░░░░ the