Retail Roundup—App purchases rise 12% on Christmas; 1.4M packages expected on National Returns Day

Holiday spending
UPS is expecting 1.4 million packages on National Returns Day.

Day after Christmas 4th busiest day of year

The final stretch of shopping in December is traditionally slow, but this year consumers were flooding back to shops and websites, making the day after Christmas likely the fourth-busiest shopping day of the year. With consumer confidence at a 17-year high and a strong job market, it seems shoppers were eager to purchase. New York Times article

App purchases rise 12% this Christmas

Consumers spent almost $100 million in apps, in-app purchases and subscriptions on Christmas Day 2017, according to data from Sensor Tower. The revenue is a 12.3% increase over last year's spending, speaking to the growing market for apps and games. TechCrunch article

UPS expects 1.4M packages on National Returns Day

UPS is expecting to handle about 1.4 million packages today, on what has come to be known as National Returns Day. This would make it the fifth consecutive year for record returns as online shopping continues to change how and when people return gifts. ABC article

Happy Returns opens Manhattan flagship

Happy Returns, a service provider of in-person returns for online retailers, announced the opening of its first Return Bar in New York City. The new flagship, located in Rockefeller Center, is located in a former ticket booth for Radio City Music Hall. Business Wire article

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