Some retailers are tightening their returning policies this year, while others are loosening them. ConsumerWorld tells you who’s naughty and nice this year.
return policies
Which Store Has The Worst Return Policy?
As part of their multi-pronged effort to fight the financial Godzilla besieging the world economy, the European Commission today proposed a 14-day no-questions-asked return period for any online purchases made within the European Union. The “two-week cooling-off period” is designed to give consumers a chance to shop across borders for the best prices without worrying about return policies. The practically adorable European decision to respond to a financial crisis with consumer protections made us want to look inwards at some of the onerous return policies Americans face.
Walmart Refuses To Take Back Air Mattress, Makes Up New Return Policy On The Spot
Jacob writes, “I have been trying to make Walmart take back an air mattress for two months now, and they refuse.” The store manager at the Walmart on South Duff Avenue in Ames, Iowa (shout out to Leslie Hall!) has started making up new rules on when an air mattress can be returned—including that the federal government limits returns to 15 days “because of the bed bugs, you know.” No, we didn’t know that, Walmart manager. In fact, after thinking about it, we’re still not sure we know it. Because it sounds like you made it up.
WSJ: Returning Things Is Hard
Working mom/WSJ reporter Suzanne Barlyn discovered it wasn’t easy to return a busted Tamagotchi. The Journal also tried to return a Target shirt that didn’t make it through the wash, a $13 camera from Toys “R” Us that broke after one use, a broken flat-panel TV from Amazon, a coat that didn’t fit from BabyGap, and an oversize duffel from L.L. Bean. At each turn, they discovered retailers tossing road-blocks in their way.
Who can blame them? Return fraud soaked retailers for an estimated $9.6 billion in 2006, according to the National Retail Federation. Returning stolen merchandise for a refund is the most flagrant offense, affecting 95% of retailers last year. Computer-generated, counterfeit receipts make the practice easier. So-called wardrobing — the unethical practice of returning nondefective, used merchandise — affected 56% of companies. About 69% of retailers have modified their return policies in response to fraud, according to NRF. Changes include shorter time limits, restocking fees and requirements for original packaging.
The Journal recommends making purchases with a credit card (paid in full each month,) since retailers look up purchases electronically. We agree, but for a different reason: credit cards allow you to dispute charges. Tell us about your fun experiences returning products in the comments. — CAREY GREENBERG-BERGER
EXCLUSIVE: Costco To Make Return Policy Stricter?
Costco is making its liberal return policies stricter, according to a little birdy. Previously, you could return anything, except computers, at anytime, with or without a receipt.