Today in Data: Retailers Changing Return Policies, Brick-and-Mortar Wins Grocery Game, P&G Embraces ‘Constructive Disruption’

By  |  January 20, 2022
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Today in Data, an overwhelming number of grocery shoppers still prefer to go to the supermarket themselves. Plus, Procter & Gamble is using what it calls “constructive disruption” amid rising prices because of ongoing inflation, and retailers are trying out discounts and no-return policies to overcome $70 billion in returns and exchanges.

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    Today in Data

    Data

    185: Number of years Procter & Gamble has been in business

    $380B: Market value of Procter & Gamble

    $70B: Value of retail return market

    50%: Share of consumers who would keep an unwanted item if given a 30% discount on a future purchase

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    82%: Share of consumers who prefer in-person grocery shopping


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