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UPS United Parcel Service

149.70
-0.90 (-0.60%)
Pre Market
Last Updated: 13:57:39
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Share Name Share Symbol Market Type
United Parcel Service NYSE:UPS NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.90 -0.60% 149.70 2,141 13:57:39

UPS Wraps Up The Holidays With Returns

26/12/2014 1:00pm

GlobeNewswire Inc.


United Parcel Service (NYSE:UPS)
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  • Peak Season Preparations Helped Retailers to Take Advantage of Holiday Season Demand
  • UPS Survey: Online Shoppers Expect Easy Returns
  • Easy Holiday Returns via The UPS Store, UPS Access Point Locations or Driver Pickup

  • With a record number of consumers shopping online for the holidays, post-holiday returns and exchanges will keep UPS® (NYSE: UPS) busy right through the new year. UPS National Returns Day is Jan. 6, 2015, when the company expects consumers will ship more than 800,000 packages back to retailers and merchants. By the end of the first full week in January, UPS anticipates transporting 4 million return packages in the United States.

    "We have successfully completed two of three phases of the Peak holiday delivery season. Our Cyber Weekend and pre-Christmas performance helped retailers take advantage of holiday demand. We are now preparing for a surge in volume driven by Returns Week beginning next Monday," said Alan Gershenhorn, UPS executive vice president and chief commercial officer.

    "As e-commerce continues to grow, simple returns services have become an essential part of the overall consumer shopping experience. Our research shows online shoppers care about returns convenience with 66% reviewing a retailer's return policy before making a purchase, and 68% said they would complete an online purchase if the retailer simply offered a free return shipping label," he said.

    According to the 2014 UPS Pulse of the Online Shopper Study™, returns are on the rise with 62% of consumers stating they returned an item bought online in 2014, compared to 51% in 2012.

     UPS is improving its locator tool available on ups.com or the UPS App for iPhone and Android smartphones to help consumers find the most convenient location to drop off returns.

    To help retailers provide a simple returns experience for consumers, unwanted holiday items can be dropped off at any of the 4,400 The UPS Store® locations where employees can assist with packing and shipping. Shoppers can also place their pre-paid ground or air returns into any of the 38,000 UPS Drop Boxes.

    Consumers living in New York and Chicago also can drop off pre-labeled and pre-paid packages at a nearby UPS Access Point™ location. These local small businesses such as cafés, boutiques, grocery and convenience stores, are open late in the evening and on weekends.

    Currently, there are 300 UPS Access Point locations in Brooklyn and the Bronx, and 100 locations throughout the Chicago area.

    National Returns Day Events 2015

    Media Note: UPS and The UPS Store are hosting National Returns Day activities on Jan. 6, 2015 in California and Chicago.           

    California                                                           

    The UPS Store #1433

    Where: 9450 Mira Mesa Blvd., Suite C, San Diego 

    Time: Noon - 2 p.m. PST

    What: Drop off holiday returns and The UPS Store will donate $1 to the Toys for Tots Literacy Program for every transaction made that day. Store owner, Dennis Stein will be available for interviews. Store hours: 9 a.m. - 7 p.m.

    Chicago

    Tea'se Tea Shoppe

    Where: 5755 W. Irving Park Road, Chicago 

    Time: 3 p.m. - 7 p.m. EST

    What: Drop off holiday returns at this UPS Access Point location in Chicago and enjoy a cup of hot tea. Two brothers are on a mission to try and change the way people think about tea. Prizes will be given away every hour. Store owner, David Ratulowski will be available for interviews. Store hours 10 a.m. - 9 p.m.

    About UPS

    UPS (NYSE: UPS) is a global leader in logistics, offering a broad range of solutions including transporting packages and freight; facilitating international trade, and deploying advanced technology to more efficiently manage the world of business. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide. The company can be found on the web at ups.com®and its corporate blog can be found at longitudes.ups.com. For UPS news, visit pressroom.ups.com/RSS.

    About The UPS Store

    With more than 4,400 locations, The UPS Store network comprises the nation's largest franchise system of retail shipping, postal, print and business service centers. The UPS Store locations in the U.S. are independently owned and operated by licensed franchisees of The UPS Store, Inc., a subsidiary of UPS (NYSE: UPS). Services, pricing and hours of operation may vary by location. For additional information, visit theupsstore.com. Follow on Twitter @TheUPSStore and like on Facebook at facebook.com/theupsstore. 

    # # #

    CONTACT: Natalie Godwin-Norrington				
             ngodwin@ups.com                                  
             404-828-6536
    

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