HUNTSVILLE, AL (WAFF) - People across north Alabama hit the mall today. Shopping centers were packed with people Monday, racking up on after Christmas sales and others were toting in those returns.
Retailers say having receipts and the tags on the item helps expedite the process. Many stores also offered gift receipts with the purchase of Christmas items. Those help if you want to exchange something.
The National Retail Federation says that retailers will lose an estimated 4-billion dollars to return fraud this holiday season. Officials say bogus returns cost retailers 14-billion dollars a year. Retail analysts say spending has been surprisingly strong from the start this holiday season.
Revenue for the season is on track to grow at its strongest rate since 2006.