Retail

There’s nothing wrong with most of the consumer electronics items that get returned to stores, according to new research by Accenture. A study by the firm found that defects only account for about 5% of the returns and the rest of the time buyers’ remorse (27%) or a perceived flaw (68%) results in the item being returned.

SEATTLE — E-readers continue to be a popular gift choice this holiday season, with Amazon.com reporting that for the third week in a row, customers are purchasing more than one million Kindle devices per week. Among its Kindle offerings, the latest, Kindle Fire, remains the most sought-after product on Amazon.com. since it was introduced 11 weeks ago.

NEW YORK — Duane Reade is set to put its signature “New York Living Made Easy” vision on full display on Friday with the unveiling of its expanded store located at 1657 Broadway in New York.

The new 24-hour location, which opened Friday, will serve as an amplification of the retailer’s continued rebranding and aggressive transformation initiatives to date.

The Network of Executive Woman, or NEW, is holding a new event in Dallas next year and has signed on Walmart’s top diversity executive as a featured speaker.

WASHINGTON — AAA forecasts 91.9 million Americans will travel 50 miles or more from home during the 2011-2012 year-end holiday travel season, a 1.4% increase over the 90.7 million people who traveled one year ago, the travel organization announced earlier this week. This year’s expected year-end holiday travel volume is the second-highest in the past decade and represents 30% of the total U.S. population.

Yes, you read that correctly. Walmart will need to hire an estimated 4.3 million people over the course of the next five years to keep pace with anticipated growth and turnover. No wonder the company is such a big supporter of an organization known as Students in Free Enterprise (SIFE), which held its Global Partner Summit in Rogers, Ark. earlier this week.

Walmart's social media shopping platform, Shopycat is using the services of ifeelgoods, a company that provides marketing and technology solutions for digital goods incentives, to provide Facebook credits as reward for key customer actions. 

Through its partnership with @WalmartLabs, Walmart's social media arm, ifeelgoods is providing technology to encourage customers to use Walmart's new ShopyCat social gift finder, ifeelgoods reported.

MINNEAPOLIS — Target announced that its Shaun White home line will debut at Target stores and Target.com the week of Dec. 26. 

The debut home line is a limited time only collection that includes bedding, lamps, wall decals, curtains, storage bins, a skateboard rack and piggy banks, the company said. Items will be in stores through June 2012. Priced affordably, the collection ranges from $9.99 to $89.99.