The 2024 holiday shopping season was a robust one. However, January has been nicknamed 'Returnuary' after the age-old tradition of returning products to retailers every year. The National Retail Federation (NRF) estimates a 17% return rate for all U.S. merchandise this year, which is equal to $890 billion. While this is a painful reality for retailers in the consumer discretionary sector, some companies will benefit from the mountains of returned merchandise. Here are three stocks that can gain from Returnuary.
