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FEDEX AND HAPPY RETURNS TEAM UP, STREAMLINING REVERSE LOGISTICS

Published November 9, 2020
Published November 9, 2020
FedEx

Happy Returns is a vertically integrated returns solution provider leveraging software and reverse logistics to provide the industry’s only comprehensive returns solution guaranteeing 10% savings in the first year. Customers using Happy Returns’ full offering average 20% cost savings, a 94 NPS, 50% program adoption, and up to 2X higher exchange rates.

In a new partnership with FedEx, an additional 2,000 FedEx Office locations will join the Return Bar network. Starting in Los Angeles and expanding nationwide by the end of October, online shoppers from Happy Returns’ fast-growing list of retail partners will now be able to return products in person, without a box or label, and for an immediate refund or exchange, at most FedEx Office locations.

“We are very excited to work with Happy Returns as we make the returns experience more convenient for shoppers while also streamlining the process for merchants,” said Ryan Kelly, Vice President of Global E-Commerce Marketing, FedEx. “The packing experts at FedEx Office are ready to help customers, no box or label needed.”

How It Works:

  • Shoppers start returns on the retailers’ websites or at HappyReturns.com and receive a QR code.
  • They then bring the items only—no box or receipt required—plus the QR code to FedEx Office to complete the return.
  • A typical return takes less than a minute; returns are approved in real-time and Happy Returns initiates refunds and exchanges immediately in most cases.
  • Using Happy Returns’ technology, FedEx will then aggregate box-free items from multiple merchants into a single shipment, reducing the cost of the process for participating retailers.
  • As with returns from other Happy Returns locations, the aggregated shipments from FedEx Office locations will be sent to one of Happy Returns’ two regional processing hubs, which use proprietary software to accept, sort, and process co-mingled returns.

By adding FedEx Office to its Return Bar network, Happy Returns will quadruple the number of locations where shoppers can drop off returns hassle-free. The alliance includes more than 2,000 FedEx company-owned stores. The more than 2,000 FedEx Office locations join over 500 existing Return Bars in Happy Returns’ network located in traditional retailers, shopping malls, campus bookstores, and office buildings.

“We are thrilled to grow with FedEx Office to bring in-person returns to more online shoppers,” said David Sobie, co-founder and CEO of Happy Returns. “In a time of retail uncertainty due to the coronavirus, it is incredibly valuable to add an essential services provider like FedEx Office to our growing network.”

Happy Returns has experienced significant growth in 2020, despite the coronavirus pandemic. The company added more new customers in the second quarter of 2020 than all of 2019 combined, including surging digital natives and traditional incumbents, with a renewed focus on digital commerce as retailers of all sizes seek to save costs through better returns software and improved reverse logistics.

Happy Returns is based in Los Angeles, California, and its investors include PayPal, USVP, and Upfront Ventures.

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