Washington Times · Jun 28, 2022
Retailers may let you keep a returned item - along with the refund
The bullseye logo on a sign outside a Target store is seen on Feb. 28, 2022. Target’s first-quarter profit took a big hit from higher costs, despite strong sales growth. Target’s results Wednesday, May 18, reflect the pressure on retailers’ ...Retailers are falling out of love with returns, and that may be a boon to customers.
An inventory surplus in everything from toys and garden furniture to jackets and workout clothes has caused major retailers to consider refunding customers for returned items while also letting them keep their goods to avoid dealing with more glut, according to Fox Business.