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Amazon, Target, Walmart and big retail's holiday return policies [Yahoo! Finance]
Last walmart inc. earnings: 2/18 06:00 am
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US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
Maybe it's the wrong size, perhaps it's something truly awful, or maybe you just own one already, but no matter the reason, you will need to return the item. “The eCommerce boom, fueled by unprecedented convenience and ‘no questions asked' returns policies, has created an expensive problem for retailers,” said Pollen Returns founder Spencer Kieboom. “Consequently, returns cost retailers about $218 billion annually as 20% of their inventory is now tied up in the returns process. Retailers are now re-evaluating their approach to returns from policies to resale strategies.” On the positive side, most retailers still offer free in-store returns. That can be a challenge, however, if you don't have a receipt, according to the Better Business Bureau (BBB). "Always include a gift receipt with items you give, and hold on to any gift receipts you receive," the non-profit agency shared. More Retail: Costco sees major shift in member behavior Retail chain shuts all locations as legal
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