Mall owners and retailers clash over avalanche of online returns

RETAILERS HAVE BEEN deducting returns for items bought online from their sales figures, affecting retail landlord's revenue. / BLOOMBERG FILE PHOTO/MICHAEL NAGLE
RETAILERS HAVE BEEN deducting returns for items bought online from their sales figures, affecting retail landlord's revenue. / BLOOMBERG FILE PHOTO/MICHAEL NAGLE
NEW YORK - Mall owners, already squeezed by e-commerce and spending billions on property makeovers to draw shoppers, have a new headache: retailers deducting returns for items bought online from their sales figures. David Simon, CEO of Simon Property Group Inc., owner and operator of the Emerald Square mall in North Attleborough, says a “significant…

Want More?

Subscribe or register with Providence Business News to keep reading.

REGISTER
for 2 more stories

Subscribe now for $1 for 4 weeks
Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -

No posts to display