December 26th is historically the most popular day of the year for retail returns. You might have smiled when you received that oversized Frosty the Snowman sweater from your mother-in-law but the splendor of the gift quickly faded. What seemed ironically cool happens to take up way too much space in your closet. Back to the store it goes!
The New York Post (12/26/12) reported on what’s officially known as the biggest return day:
“I’m a big proponent of in-store shopping,” Corwick told The Post, adding that many stores have incentives just to get you inside. “People might not have gotten exactly what they wanted, so they’ll go in to return something and pick up something extra, too. That’s the stores’ strategy.”