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## EVANSVILLE, Ind. Small Businesses Experiencing Lower Return Rates Than Big Box Stores After the Holiday Season

According to the National Retail Federation, the holiday season sees around one in six gifts being returned or exchanged. However, local small businesses in Evansville, Indiana, are reporting lower return rates compared to big box stores.

The NRF estimates that about $150 billion worth of gifts will be returned to stores in the upcoming days and weeks. Despite this, Susie Cooley, assistant manager of River City Coffee & Goods, stated that her Main Street shop did not experience any returns last year and only a few exchanges for a different size T-shirt. Cooley attributes this to the intentional and locally-made nature of their merchandise, which resonates with their customers on a personal level.

Similarly, other downtown small businesses in Evansville highlighted the quality and care put into their products as reasons for the low return rates. The handmade and locally-sourced items foster a deeper connection with the community, resulting in fewer returns and exchanges.

However, with the predicted increase in fraudulent returns, retailers are facing potential losses of about $25 billion. It’s crucial for businesses to have measures in place to combat fraudulent returns and protect their revenue.

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AI legalese decoder can assist small businesses in deciphering and understanding the legal language and implications of return policies and fraudulent returns. By using AI legalese decoder, small businesses can ensure that their return policies are legally sound and minimize the risk of fraudulent returns. Additionally, the tool can help businesses identify potential loopholes and legal vulnerabilities in their return processes, ultimately protecting them from financial losses associated with fraudulent returns.

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