Plus: Botox is back | Tuesday, December 28, 2021
| | | | | | | Presented By Abbott | | | | Axios PM | | By Mike Allen ·Dec 28, 2021 | | Good afternoon: Today's PM — edited by Justin Green — is 363 words, a 1.5-minute read. | | | | | | 1 big thing: Stores' unhappy returns | | Illustration: Shoshana Gordon/Axios Returns of unwanted gifts are getting so expensive for retailers that increasingly their answer is: Keep it! We'll give you the refund anyway. - The return of a $50 item is expected to cost merchants an average of $33 this season, up 59% from 2020, returns processor Optoro tells Axios' Nathan Bomey, soon to be of Axios Closer fame.
Three in 10 online purchases are returned, according to CBRE Supply Chain. - Returns are often discarded, donated or repurposed for sale through alternate channels.
- That's why some retailers, notably Amazon, are taking the "keep it" approach — because the return would cost too much to process, Optoro CEO Tobin Moore tells Axios.
But don't try to game the system to get free stuff. What's next: A rising number of shoppers are returning goods bought online to physical stores, The Wall Street Journal reports. - Retailers are encouraging it — so they can "make returned products quickly available for resale to offset supply-chain snarls and adjust to rising e-commerce sales."
Share this story. |     | | | | | | 2. Vax cards, then and now | | | | | | | | | | A message from Abbott | | With Real Madrid, Abbott, it's clear: malnutrition has met its match | | |  | | | | A brighter, sustainable future starts with good health. And good health starts with good nutrition of the body and mind. The goal: Reduce malnutrition, promote education and share the values of sport in every region of the world over the next decade. The work begins now. | | | | | | 3. Catch up quick | | People wait in line at a testing site to receive a free COVID-19 PCR test in Farragut Square in D.C. Photo: Anna Moneymaker/Getty Images - The CDC slashed its estimate of Omicron case prevalence after it ultimately discovered fewer cases as more data came in. Go deeper.
- The NBA is cutting COVID isolations from 10 to 6 days, as long as people are asymptomatic and meet other testing requirements. Go deeper.
- The CDC is actively investigating or observing 86 cruise ships following COVID outbreaks on board. Go deeper.
- Drug regulators in India authorized two COVID vaccines, Corbevax and Covovax, for emergency use. Go deeper.
| | | | | | | | 4. 1 for the road: Botox is back |  Data: AbbVie/Allergan documents; Chart: Jared Whalen/Axios The rollout of COVID vaccines and a larger, younger crowd willing to try Botox injections have led to swelling demand in dermatology offices and medical spas, reports Axios' Bob Herman. Between the lines: Patients getting Botox are now younger on average. "And by younger I mean closer to 40 versus 50," said Carrie Strom, a senior VP at AbbVie, which owns the company that makes Botox. | | | | | | | | A message from Abbott | | Diabetes care that's connected to your phone | | |  | | | | Abbott's FreeStyle Libre 2, an integrated continuous glucose monitoring (iCGM) system now has FDA clearance for iPhone and Android apps. Why it's important: You can monitor your glucose through Apple iOS and Android apps, your data is just a simple scan away to get your latest glucose values. | | |  | Bring the strength of Smart Brevity® to your team — more effective communications, powered by Axios HQ. | | | | | | Axios thanks our partners for supporting our newsletters. If you're interested in advertising, learn more here.
Sponsorship has no influence on editorial content. Axios, 3100 Clarendon Blvd, Suite 1300, Arlington VA 22201 | | | You received this email because you signed up for newsletters from Axios.
Change your preferences or unsubscribe here. | | | Was this email forwarded to you?
Sign up now to get Axios in your inbox. | | | | Follow Axios on social media:    | | | | | |
No comments:
Post a Comment