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Vertex Commerce Study: Returnuary’s Growing Complexity Forces Retailers to Keep Pace

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Vertex Inc. (NASDAQ:VERX) released a study highlighting the challenges retailers face during 'Returnuary' - the post-holiday return season from late December through early February. The study reveals that 81% of consumers prefer free returns, with 68% basing future brand engagement on their return experience.

The research shows that 40% of consumers return at least one item post-holiday valued between $25-$100, with 55% monitoring sales tax refund accuracy. While 77% of holiday transactions occur online, approximately 60% of returns are processed in-store. Notable findings include that 35% of consumers make purchases intending to return items.

The study emphasizes the complex tax implications for retailers managing omnichannel returns, requiring accurate tax refund calculations across different jurisdictions and sales channels. Vertex suggests that automated tax determination engines are important for retailers to handle high-volume seasons and ensure compliance.

Vertex Inc. (NASDAQ:VERX) ha pubblicato uno studio che evidenzia le sfide che i rivenditori affrontano durante 'Returnuary' - la stagione di resi post-festiva che va dalla fine di dicembre ai primi di febbraio. Lo studio rivela che l'81% dei consumatori preferisce resi gratuiti, con il 68% che basa il proprio coinvolgimento futuro con il marchio sulla propria esperienza di reso.

La ricerca mostra che il 40% dei consumatori restituisce almeno un articolo post-festivo del valore compreso tra $25 e $100, con il 55% che monitora l'accuratezza dei rimborsi delle tasse sulle vendite. Mentre il 77% delle transazioni festive avviene online, circa il 60% dei resi vengono elaborati in negozio. Tra i risultati notevoli, il 35% dei consumatori effettua acquisti con l'intenzione di restituire articoli.

Lo studio sottolinea le complesse implicazioni fiscali per i rivenditori che gestiscono resi omnicanale, richiedendo calcoli accurati dei rimborsi fiscali attraverso diverse giurisdizioni e canali di vendita. Vertex suggerisce che i motori di determinazione fiscale automatizzati sono importanti per i rivenditori per gestire stagioni ad alto volume e garantire la conformità.

Vertex Inc. (NASDAQ:VERX) publicó un estudio que destaca los desafíos que enfrentan los minoristas durante 'Returnuary' - la temporada de devoluciones posterior a las festividades, que va desde finales de diciembre hasta principios de febrero. El estudio revela que el 81% de los consumidores prefiere devoluciones gratuitas, y que el 68% basa su futura interacción con la marca en su experiencia de devolución.

La investigación muestra que el 40% de los consumidores devuelve al menos un artículo después de las festividades, con un valor entre $25 y $100, y que el 55% monitorea la precisión de los reembolsos de impuestos sobre ventas. Mientras que el 77% de las transacciones festivas se realizan en línea, aproximadamente el 60% de las devoluciones se procesan en la tienda. Entre los hallazgos más destacados, el 35% de los consumidores realiza compras con la intención de devolver artículos.

El estudio enfatiza las complejas implicaciones fiscales para los minoristas que gestionan devoluciones omnicanal, lo que requiere cálculos precisos de reembolsos fiscales a través de diferentes jurisdicciones y canales de ventas. Vertex sugiere que los motores de determinación fiscal automatizados son importantes para que los minoristas manejen temporadas de alto volumen y aseguren el cumplimiento.

Vertex Inc. (NASDAQ:VERX)는 'Returnuary' - 12월 말부터 2월 초까지의 휴일 이후 반품 시즌 동안 소매업체들이 직면한 도전 과제를 강조하는 연구 결과를 발표했습니다. 이 연구에 따르면 81%의 소비자가 무료 반품을 선호하며, 68%는 향후 브랜드 참여를 자신의 반품 경험에 기반한다고 합니다.

연구 결과 40%의 소비자가 휴일 이후 $25에서 $100 사이의 가치가 있는 상품을 최소한 하나 이상 반품하며, 55%는 판매세 환급의 정확성을 모니터링합니다. 휴일 거래의 77%가 온라인에서 이루어지는 반면, 약 60%의 반품이 매장에서 처리됩니다. 주목할 만한 결과로는 35%의 소비자가 반품을 염두에 두고 구매를 한다는 것입니다.

이 연구는 옴니채널 반품을 관리하는 소매업체들이 복잡한 세금 문제에 직면해 있으며, 다양한 관할권과 판매 채널에 걸쳐 정확한 세금 환급 계산이 필요하다고 강조합니다. Vertex는 자동화된 세금 결정 엔진이 소매업체들이 대량 시즌을 처리하고 규정을 준수하는 데 중요하다고 제안합니다.

Vertex Inc. (NASDAQ:VERX) a publié une étude soulignant les défis auxquels les détaillants sont confrontés pendant 'Returnuary' - la saison des retours post-fêtes de fin décembre à début février. L'étude révèle que 81% des consommateurs préfèrent des retours gratuits, et que 68% d'entre eux basent leur engagement futur envers la marque sur leur expérience de retour.

La recherche montre que 40% des consommateurs retournent au moins un article après les fêtes, d'une valeur comprise entre $25 et $100, et que 55% surveillent l'exactitude des remboursements de taxe sur les ventes. Alors que 77% des transactions des fêtes se font en ligne, environ 60% des retours sont traités en magasin. Parmi les résultats notables, 35% des consommateurs effectuent des achats dans l'intention de retourner des articles.

L'étude souligne les implications fiscales complexes pour les détaillants qui gèrent des retours omnicanaux, nécessitant des calculs précis des remboursements de taxes à travers différentes juridictions et canaux de vente. Vertex suggère que les moteurs de détermination fiscale automatisés sont importants pour les détaillants afin de gérer des saisons à fort volume et d'assurer la conformité.

Vertex Inc. (NASDAQ:VERX) hat eine Studie veröffentlicht, die die Herausforderungen hervorhebt, mit denen Einzelhändler während 'Returnuary' - der Rückgabesaison nach den Feiertagen von Ende Dezember bis Anfang Februar - konfrontiert sind. Die Studie zeigt, dass 81% der Verbraucher kostenlose Rücksendungen bevorzugen, wobei 68% ihre zukünftige Markenbindung von ihrer Rückgabe-Erfahrung abhängig macht.

Die Forschung zeigt, dass 40% der Verbraucher mindestens einen Artikel nach den Feiertagen im Wert von $25-$100 zurückgeben, wobei 55% die Genauigkeit der Verkaufssteuererstattungen überwachen. Während 77% der Feiertagstransaktionen online stattfinden, werden etwa 60% der Rückgaben im Geschäft bearbeitet. Zu den bemerkenswerten Ergebnissen gehört, dass 35% der Verbraucher Käufe mit der Absicht tätigen, Artikel zurückzugeben.

Die Studie betont die komplexen steuerlichen Implikationen für Einzelhändler, die omnichannel Rückgaben verwalten, und erfordert genaue Steuererstattungsberechnungen über verschiedene Gerichtsbarkeiten und Vertriebskanäle hinweg. Vertex schlägt vor, dass automatisierte Steuerbestimmungsmaschinen für Einzelhändler wichtig sind, um Hochvolumensaisons zu bewältigen und die Einhaltung sicherzustellen.

Positive
  • Strong consumer data insights valuable for retail clients
  • Company positioned as authority in managing complex tax implications
  • Strategic focus on high-volume retail tax management solutions
Negative
  • No specific revenue or growth metrics provided
  • Increasing complexity in tax management may require additional resource investment

Global tax technology provider finds retail consumers want free, easy product returns -- or they’ll shop elsewhere to find them

KING OF PRUSSIA, Pa., March 26, 2025 (GLOBE NEWSWIRE) -- Vertex Inc. (NASDAQ:VERX) (“Vertex” or the “Company”), a global provider of indirect tax technology solutions, reveals that while free, easy product returns are paramount for consumer loyalty, they also create significant indirect tax complexities for retailers managing a surge of returns. Data from the post-holiday ‘Returnuary’ season – spanning late December through early February – shows that the majority (81%) of consumers would rather keep an item or seek out a nearby store to complete a return than pay for return shipping. With free returns a clear consumer expectation, 68% of shoppers indicate that their return experience directly influences their decision to engage with a brand in the future—all of which adds to the indirect tax complexities retailers must navigate.

Retailers must accurately refund sales tax collected at the time of purchase, which varies by jurisdiction and sales channel. With the influx of return transactions, it can quickly become difficult to track and manage tax reporting, especially if the retailer is using disconnected systems that increase the likelihood of errors and compliance issues.

With so many variables to manage within sales tax rates and regulations, retailers must rely on automated tax determination engines to successfully navigate high-pressure, high-volume seasons. These solutions are critical for ensuring accurate tax reporting and compliance during both peak shopping and return periods.

"Retailers have little time to recover between the holiday shopping surge and the post-peak return influx, making it crucial to avoid discovering the wrong tax configuration at this critical moment," said Sal Visca, Chief Technology Officer. “Adopting an integrated, modern, and unified tax approach ahead of these major retail moments is critical to reducing complexities, accurately tracking taxes, and meeting business and consumer needs."

The survey finds that 40% of consumers return at least one item post-holiday, ranging from $25-$100, and 55% are ensuring the sales tax is refunded accurately. Vertex research finds a majority (77%) of holiday transactions are processed online yet about 60% of these returns are processed in-store. Retailers have spent the past decade navigating digital transformation to address the complexities of omnichannel commerce. During this time, rising consumer expectations for seamless “buy anywhere, return anywhere” experiences have introduced additional challenges in managing omnichannel returns while ensuring accurate indirect tax calculation, management and reconciliation.

Vertex’s survey also finds that nearly one-third (35%) of consumers make a purchase with the intent to return one or more items. When there is more time between the original purchase date and the return, it widens the window for tax rates to change and requires retailers to maintain historical rate information.

To learn more about Vertex and its indirect tax and compliance solutions for ecommerce and more, visit www.vertexinc.com.

About the Survey
This survey was conducted via Dynata and polled 1,000 general U.S.-based consumers over 18 years of age in February 2025. Respondents were segmented and analyzed across age groups, gender, marital status, having children and household income. For complete survey methodology, please email vertex@pancomm.com.

About Vertex
Vertex, Inc. is a leading global provider of indirect tax solutions. The Company’s mission is to deliver the most trusted tax technology enabling global businesses to transact, comply and grow with confidence. Vertex provides solutions that can be tailored to specific industries for major lines of indirect tax, including sales and consumer use, value added and payroll. Headquartered in North America, and with offices in South America and Europe, Vertex empowers the world’s leading brands to simplify the complexity of continuous compliance.

For more information, visit www.vertexinc.com or follow us on Twitter and LinkedIn.

COPYRIGHT © 2025 VERTEX, INC. ALL RIGHTS RESERVED. THE INFORMATION CONTAINED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY, MAY CHANGE AT ANY TIME IN THE FUTURE, AND IS NOT LEGAL OR TAX ADVICE.

Vertex Company Contact:
Rachel Litcofsky 
Manager, Public Relations 
mediainquiries@vertexinc.com


FAQ

What percentage of consumers prefer free returns according to Vertex's 2025 Returnuary study?

81% of consumers would rather keep an item or seek a nearby store than pay for return shipping.

How many consumers check if sales tax is refunded correctly on their returns for VERX study?

55% of consumers ensure their sales tax is refunded accurately on returns.

What is the typical value range of post-holiday returns according to Vertex's research?

Post-holiday returns typically range from $25-$100, with 40% of consumers returning at least one item.

What percentage of holiday returns are processed in-store despite online purchases for VERX?

While 77% of holiday transactions are processed online, about 60% of returns are processed in-store.

How many consumers purchase items with the intention to return them according to Vertex's study?

35% of consumers make purchases with the intent to return one or more items.
Vertex, Inc.

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