The local tab under Settings displays the following fields: Items, Products, Vouchers, Taxes, Account, Checkout, Stock, Affiliates, Returns:
If you have lots of categories, you can gain a significant performance improvement by not displaying the Category Product Count.
Return Status: the default status a customer will see in their account after submitting a return form under Customer Service > Returns; displays either “Awaiting Products”, “Completed”, or “Pending”.