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UPS: predicts record number of returns on 2 January

(CercleFinance.com) - Package delivery company UPS said on Thursday that it expects to process a record 1.
9 million packages on 2 January 2020, as consumers send back their holiday orders.

That day, consumers will send back ill-fitting sweaters and duplicate kitchen gadgets, the group said.

The expected deposit number of 1.9 million returns packages into the UPS network represents a 26% jump from last year's peak returns day, UPS said.

This seventh consecutive record shows how e-commerce continues transforming shopping patterns, it noted in a statement.

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