3min chapter

TED Business cover image

Where do your online returns go? | Aparna Mehta

TED Business

CHAPTER

Returns - Why Do They End Up in the Landfill?

Every year, four billion pounds of returned clothing ends up in the land fill. In the us, companies lost 351 billion dollars in sales in two thousand 17 alone. Retailers are scrambling to recover their losses. They try to place that returned item on line to be sold again or they'll sell it to a discount partner or a liquidater. Basically, if companies cannot find a place for this item quickly and economically, its place becomes the trash.

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