Free returns are going away

(CNN)– You may have to pay to return those gifts you don’t want.

According to the logistics company Happy Returns, more than 80% of merchants are now charging a fee for at least some returns.

Macy’s, Abercrombie, J-Crew and H&M have all added shipping fees for mail-in returns.

Amazon has also started charging $1 to return items to UPS stores.

One reason companies charge fees is because it hurts their profitability and they have to cover the cost of shipping fees.

Then they also have to mark down the returned goods to sell them.

Data from the National Retail Federation shows that customers sent back nearly 17% of the merchandise they purchased last year.

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