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Free shipping is the next victim of ‘shrinkflation’

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In the world of online shopping, free shipping and hassle-free returns have long been considered perks that sweeten the deal.

However, consumers may soon have to bid farewell to these cost-saving conveniences as retailers start to roll out changes that could make returning items a costly endeavor.

End of an Era

Free shipping and no-cost returns have become almost synonymous with online shopping, setting a standard expectation among consumers.

However, this era of convenience is rapidly coming to a close as retailers grapple with the mounting costs associated with processing returns.

For many online shoppers, the ease of returning unwanted items has been taken for granted.

A global shipping crisis is inbound

However, behind the scenes, retailers have been absorbing the financial burden of processing returns, from shipping fees to restocking costs.

Now, faced with escalating expenses, retailers are shifting the onus back onto consumers, signaling the end of the free ride.

Cost of Convenience

While free shipping and returns have undoubtedly been a boon for consumers, they have come at a cost to retailers, who have been footing the bill for years.

As the retail landscape evolves, consumers will need to adjust their expectations and recognize that convenience often comes with a price tag.

As retailers adjust their policies, consumers will need to rethink their approach to online shopping.

From factoring return costs into their purchasing decisions to being more discerning about their purchases, consumers will need to adapt to this new reality.

As retailers recalibrate their policies, consumers will need to prepare for a new era of shopping where convenience comes at a cost.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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