Question: How Many Christmas Presents Are Returned?

What percentage of annual sales do the holidays represent?

20 percentWhat percentage of annual sales do the holidays represent.

20% | Overall, holiday sales represent about 20 percent of annual retail sales each year, but the figure can be higher for some retailers.

Hobby, toy and game stores report the highest share at about 30 percent..

What percentage of gifts are returned?

Thirty-four percent of Americans will return gifts they received over the holiday season, a new study from personal finance site WalletHub has found. Out of those people, 68% of them said that they plan to return clothing and 23% will return electronics.

What is the most returned Christmas gift?

The Most Returned Christmas GiftsClothes.Men’s Dress Shirts.Shoes.Make-Up.Athletic Apparel.Kitchen Appliances.Glassware.Video Games.More items…•

What percentage of people survey this year to return a Christmas gift?

During the upcoming holiday season 77 percent of consumers surveyed said they plan to return a portion of their gifts, with nearly 20 percent expecting to return more than half of their presents (sorry grandma!).

Why are most clothing gifts returned?

According to a study by the postal service, the majority of clothes are returned because the item did not fit the intended recipient.

What percentage of Christmas gifts are bought online?

More than 60% of people in the U.S.A. prefer to buy their holiday gifts online. The number of holiday shoppers spending online is increasing every year, which isn’t all that surprising.