As holiday returns surge, this company is using AI to spot fakes [CBS News]
Ulta Beauty, Inc. (ULTA)
Last ulta beauty, inc. earnings: 3/12 04:03 pm
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Source: CBS News
A new survey conducted by the National Retail Federation and UPS-owned logistics company Happy Returns reveals shoppers admit to ordering multiple items only intending to keep some (36%), wearing or damaging items before returning (27%), or even swapping out items with cheap knock-offs (20%). It's estimated nearly one in every 10 retail items returned for a refund in the U.S. is fraudulent, said Happy Returns CEO David Sobie, amounting to a costly problem for retailers that ultimately impacts consumers. "Fraudulent returns by a few bad actors actually impact all of us as shoppers," Sobie said. "It might mean that the merchant has a less forgiving return policy, might mean that they are implementing fees." In fact, a growing number of retailers are tacking on fees for returning items by mail, while others are charging restocking fees. One simple way to avoid most of these fees: Return the item in-store or to a designated location. Companies like Happy Returns accept box-free
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News
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- Supplements in your stocking: Why wellness gifts are gaining steam for the holidays and beyond [CNBC]CNBC
ULTA
Earnings
- 12/4/25 - Beat
ULTA
Sec Filings
- 12/18/25 - Form 8-K
- 12/17/25 - Form 4
- 12/10/25 - Form 4
- ULTA's page on the SEC website