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0 -0.00930923888678148 5.17294892574623E-05 -0.000586267544918495 5.17294892574623E-05 0.00373780046211672 0.00373780046211672 0.00373780046211672
Stock impact report

Maryland shoppers flood the malls for post-holiday gift returns [CBS News]

Mastercard Incorporated (MA) 
Last mastercard incorporated earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: CBS News
Mastercard reported that holiday spending was on the rise this year, with a 3.9% percent increase from last year. But now that the holiday is over, the stores are filling up. "Probably making some rearrangements for some things we didn't get or maybe there was a mistake and we need to make some returns," shopper Nathan Cabrera said. According to a report from the National Retail Federation, 15% of all sales this year will be returned, and the retailers need to find a way to stay afloat despite that. "Luckily I haven't really had anything to return but that would not make me happy to have to pay a fee to return something," shopper Tessa Taulane said. Stores and their return policies Some stores, like H&M, J. Crew, and Zara, are charging return shipping fees to help pay for rising shipping costs. And other stores, especially those that sell electronics, are limiting their return windows, like Apple, Target, and Best Buy. "Especially having a baby, he's only 18 months, it's Show less Read more
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