In 2022, a study was conducted on U.S. retailers to examine their refund policies for customer returns. The findings revealed that a considerable portion (40 percent) of the retailers did not disclose their refund period. Moreover, nearly a quarter (23 percent) had a refund period of six to ten days, while an equal percentage provided refunds in 11 days or more. Only 14 percent of the retailers surveyed offered a refund period of five days or less.
Refund timelines offered by retailers in the United States in 2022
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Narvar. (October 31, 2022). Refund timelines offered by retailers in the United States in 2022 [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/1374439/retailers-refund-timelines-us/
Narvar. "Refund timelines offered by retailers in the United States in 2022." Chart. October 31, 2022. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/1374439/retailers-refund-timelines-us/
Narvar. (2022). Refund timelines offered by retailers in the United States in 2022. Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/1374439/retailers-refund-timelines-us/
Narvar. "Refund Timelines Offered by Retailers in The United States in 2022." Statista, Statista Inc., 31 Oct 2022, https://www.statista.com/statistics/1374439/retailers-refund-timelines-us/
Narvar, Refund timelines offered by retailers in the United States in 2022 Statista, https://www.statista.com/statistics/1374439/retailers-refund-timelines-us/ (last visited October 31, 2024)
Refund timelines offered by retailers in the United States in 2022 [Graph], Narvar, October 31, 2022. [Online]. Available: https://www.statista.com/statistics/1374439/retailers-refund-timelines-us/