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What's the best store to return an unopened item without a receipt?

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<< they will be spending that $50 on items already marked up to retail in that store. No doubt there are deviations but in the end it is probably a wash. >>


Eactly. Makes no difference to them.
If it did, they'd have a more strict policy like many stores do.


<< Using employee's labor to handle fraudulent returns, additional work load on restocking and inspection and other related human hours consumed. >>


Jerboy, since when did you care about those "poor" minions working for Wal-Mart? 😀


<< Because they do this well, they employ many people and help stimulate the economy. >>


Stimulate the economy? If by that you mean driving K-Mart, Woolworth's and countless mom and pop general stores into bankruptcy because they have the might and clout to sell things at a loss and still remain solvent..........
Wal-Mart does not follow basic economics. Events like this are written into the bottom line. They lose nothing they weren't expecting to lose. Half their merchandise they sell at minimal profit or less anyway.

Wal-Mart is the macro-equivalent of a dollar store.
 


<<

<<

<< Is everyone ready for the punch line?

I purchased these games at Walmart.com. 😛 I will be returning them at my local store with my original invoice.

Ah, that was fun. >>

Good cover but nobody here believes the lies. >>



seriously lest see a screen cap of the order confirmation page. (in the next 5 minutes) >>

Yeah I'm all about the screen cap.
 
I work at Walmart also. I hate it when people do this. Lets say this is a non popular game and it does not sell very well. Walmart decides to no longer carry it so we have to clearance it out. This is where we take a hit on it. Instead of selling a game we bought for $30 and sold for $40, we are now going to mark down something and loose money on it. The clearance game would be marked down to $35 and we in turn would still be making profit on the games we purchased from our supplier but we would be loosing money on that game the customer brought back.

I hate this, hate this, hate this!@#$@% People abuse our freakin policy waaay toooooo much. Please ship it back to the original company. Don't going dumping ur sh!t on us just because you are too lazy to box it up and send it back. Lazy I repeat, Lazy

Amdskip:disgust::|:disgust:
 
So if someone did the same thing where you worked (caused you to take a loss), you wouldn't be upset that it affects profits which affects your benefits package and pay? Riiiiiiiggghhhhttt!



<< Jerboy, since when did you care about those "poor" minions working for Wal-Mart? >>



Walmart didn't drive Kmart out of business, Kmart did. I seem to recall Target and Costco doing quite well against Walmart and Sams, thank you 😉 It is well known that Kmart hired questionable management that exacerbated their existing problems. Companies ultimately fail only because they couldn't adapt to the market quickly enough. Yes Walmart does sell some items at a loss (as does every business), but if they stopped making profit, they would eventually go out of business just like everyone else. Your argument makes no sense. Seems like you just have an irrational dislike of Walmart because of their success.



<< Stimulate the economy? If by that you mean driving K-Mart, Woolworth's and countless mom and pop general stores into bankruptcy because they have the might and clout to sell things at a loss and still remain solvent..........
Wal-Mart does not follow basic economics. Events like this are written into the bottom line. They lose nothing they weren't expecting to lose. Half their merchandise they sell at minimal profit or less anyway.

Wal-Mart is the macro-equivalent of a dollar store. >>



 
Walmart, Target charges a restocking fee. Wal Mart tracks returns, supposedly they will allow you only 3 returns without a reciept/calender year.

Those of you who are complaining about the ethics of a return without a reciept need to look @ a trend of personal savings versus corporate cash balances. We've been programmed to spend more than we have & pay for it tomorrow, while corporations cash balances/values have skyrocketed.

Will Wal Mart/AOL TimeWarner/General Motors/(your mega corp here) fund my retirement, or have they plotted out how much income I have, what they can convince me to buy, and how much intrest/financing they can get out of my working life before I die?



Steal This Book
 
Walmart does work on small markups, how else did we become the world's largest retailer???? Many times we are loosing money on products just to save cutomers a buck.

Walmart's CEO's may be rich but it does not matter how much they have as I have never recieved a raise because our store has not quite done good enough. Stupid crap like this makes profits go down.
 
If every customer did this 3 times, that would be a substantial hit on profits for Walmart. But I am glad they are toughening their return rules.

Personal savings vs. corporate cash balances? Now you are talking out of your butt 😉 Corporations are run by people who have good financial sense. Just because the average American doesn't take the time to learn about personal finances, does not mean Walmart or any other company is doing anything wrong. In fact they are doing right by their shareholders by maximizing return. Don't push blame for your lack of understanding (or anyone's) finance on a company run by people that does. And don't blame their advertising on you being broke either, talk about a lame excuse!!!



<< Walmart, Target charges a restocking fee. Wal Mart tracks returns, supposedly they will allow you only 3 returns without a reciept/calender year.

Those of you who are complaining about the ethics of a return without a reciept need to look @ a trend of personal savings versus corporate cash balances. We've been programmed to spend more than we have & pay for it tomorrow, while corporations cash balances/values have skyrocketed.

Will Wal Mart/AOL TimeWarner/General Motors/(your mega corp here) fund my retirement, or have they plotted out how much income I have, what they can convince me to buy, and how much intrest/financing they can get out of my working life before I die? >>

 
I suspect Wal Mart fully realizes their return policy is abused & have decided to allow it because it increases foot traffic through their store.
 


<< So if someone did the same thing where you worked (caused you to take a loss), you wouldn't be upset that it affects profits which affects your benefits package and pay? Riiiiiiiggghhhhttt! >>


Uhhh you still don't get it?
If you can't handle this situation then you CHANGE THE RETURN POLICY! OMFG WHO EVER HEARD OF SUCH A THING?!
Good God. If it was such a money hole for them to be handing out store credit on returns without receipts, they'd STOP DOING IT.



<< Walmart didn't drive Kmart out of business, Kmart did. I seem to recall Target and Costco doing quite well against Walmart and Sams, thank you 😉 It is well known that Kmart hired questionable management that exacerbated their existing problems. >>


You are correct in part, but a lot of it was simply being unable to compete.


<< but if they stopped making profit, they would eventually go out of business just like everyone else. Your argument makes no sense. Seems like you just have an irrational dislike of Walmart because of their success. >>


Gawd I hate those f@king ATOTers who think that anyone who naysays something is somehow jealous of their success.
Case in point: Amazon.com
You can go YEARS without profit and still sustain your business. Most companies count payroll as part of their operating expenses, so don't give me any bullcrap about this hurting the company so badly.
 
If you really want to screw around, put those titles in your microwave for two seconds! Presto! a completely unusable product in shrinkwrap. :Q I wouldn't recommend doing this, however!

Cheers!
 
We loose so much freakin money on returns because we can not sell half the stuff that comes back. We do not charge a restocking fee like other stores so that is just a nice benefit. I would change the policy personally myself but the big dogs sitting up in a nice office don't have sales floor experience so they don't know what it's like for the most part.
 
Amazon.com is living off of investment capital. They as much as admitted to cooking their books last quarter to "show a profit" because their investors warned them there would be no more money. You always have to pay the piper. Besides, for every Amazon living on borrowed funds there are a ton of firms who went out of business with the same business model (can you say dot.com bust?). It is an established accounting principle that you want to keep your equity to debt ratio high, which means using shareholder's capital instead of interest bearing loans. Companies like Amazon that finance their business primarily out of debt will scare investors away, and likely won't make it long term unless they change their practices.



<< Gawd I hate those f@king ATOTers who think that anyone who naysays something is somehow jealous of their success.
Case in point: Amazon.com
You can go YEARS without profit and still sustain your business. Most companies count payroll as part of their operating expenses, so don't give me any bullcrap about this hurting the company so badly.
 >>

 
Wow. There sure are a lot of self-rightgeous people in this forum.



<< Many stores will not take a return on ANYTHING if you don't have a receipt.
It's a business choice. >>

Most large chains I've ever dealt with will let you return stuff without a receipt. They do this just to keep customers happy. Many stores will take back stuff they don't even sell and give you store credit. It's just good customer relations.
 


<< Companies like Amazon that finance their business primarily out of debt will scare investors away, and likely won't make it long term unless they change their practices. >>



You are correct, but unlike Amazon, Wal-Mart has real financial backing. They can eat these kinds of losses without losing steam. A few thousand people "scamming" them on a return is (or at least should be) built into their projections. Because they are most likely determining their "profits" AFTER counting their payroll and benefits expenses, it hardly effects any employees. Because I tend to think Wal-Mart has a pretty solid business model, I imagine they've thought of most all contingencies and they aren't worried about these small losses.

Returning opened items that can never be sold at full price? That's one thing.
They have the power to stop this. If it was as destructive as you think it is, they'd just put an end to it.
 


<< So if someone did the same thing where you worked (caused you to take a loss), you wouldn't be upset that it affects profits which affects your benefits package and pay? Riiiiiiiggghhhhttt! >>


Uhhh you still don't get it?
If you can't handle this situation then you CHANGE THE RETURN POLICY! OMFG WHO EVER HEARD OF SUCH A THING?!
Good God. If it was such a money hole for them to be handing out store credit on returns without receipts, they'd STOP DOING IT.[/i] >>



It's not that simple. Change the policy to because of criminals(you like it or not, making fraudulent returns under false statement is a crime) and make it inconvenient for everyone else?

This reminds of time when I was really pissed off at classmates in Jr.High. Since some inconsiderate classmates chose to leave candywrappers in cabinets, on the floor and such, the teacher banned food from classroom. I don't blame the teacher. I am made to suffer, because someone else chose to abuse our food previlage in the classroom.

 
No, we just understand economics. Of course we could talk ourselves blue in the face, but many people don't care to learn something that usefull that affects everyone. I would just like to see any of them start their own business and make it past 2 years 😉



<< Wow. There sure are a lot of self-rightgeous people in this forum. >>




You are right, they do. And why is that? Because for years Sam Walton ran the company on good business practices. One of them was keeping debt down and making his company attractive to investors. Investors didn't jump on Wal-mart when he first opened that company, he was in the same position Amazon.com is. However, Amazon.com severely lessens its chance for success by taking on huge amounts of interest bearing loans with no profits to pay them back. Investors will eventually stop funding their business, and if they haven't made any profits, will have to close their doors.



<< You are correct, but unlike Amazon, Wal-Mart has real financial backing. They can eat these kinds of losses without losing steam. A few thousand people "scamming" them on a return is (or at least should be) built into their projections. Because they are most likely determining their "profits" AFTER counting their payroll and benefits expenses, it hardly effects any employees. Because I tend to think Wal-Mart has a pretty solid business model, I imagine they've thought of most all contingencies and they aren't worried about these small losses.

Returning opened items that can never be sold at full price? That's one thing.
They have the power to stop this. If it was as destructive as you think it is, they'd just put an end to it. >>




Well see you all later, I am off to class!
 
wyvrn, I've got a pretty good understanding of personal finances, just refinanced my house @ 5 7/8%, pricematched a $3K TV @ Sears last week & saved $600 (& had it delivered for free) have pre paid $3K on my new mortgage in 2 months & wife & my net worth is appx $150K in readily available assets...

I've traded $500K in stocks in the last 2 years and made a profit. Just wrote off $3K in house cat expenses in my tax return for "breeding mutant cats" & it's a valid write off😀
 


<< (you like it or not, making fraudulent returns under false statement is a crime) and make it inconvenient for everyone else? >>



Who is making a false statement?
"I would like to exchange this item for store credit. It's still sealed. I don't have a receipt."

I don't hear any false statements being made. You can wax poetical about the ethics of it all afternoon, but at the end of the day calling it fraud or implying it's a crime is ludicrous.
If I'm reselling widgets and you buy a widget from someone else and come up to be and say "Can I return this widget that I cannot prove that I bought from you for credit?"
And I say "Sure..."
Then you've hardly committed a crime.

Anyway, the policy DOES exist and it's NOT going to change and make it inconvenient for someone else. Wal-Mart knows people abuse the policy, but it doens't hurt them enough for them to do anything about it.

And even if they chose to change the policy, god forbid we inconvenienced your life any more.
 
Ok great for you. But that doesn't give everyone else who doesn't a reason to blame corporations for all of their woes. The only person that can change their financial standing is themselves. Wal-mart isn't holding anyone down, LOL



<< wyvrn, I've got a pretty good understanding of personal finances, just refinanced my house @ 5 7/8%, pricematched a $3K TV @ Sears last week & saved $600 (& had it delivered for free) have pre paid $3K on my new mortgage in 2 months & wife & my net worth is appx $150K in readily available assets...

I've traded $500K in stocks in the last 2 years and made a profit. Just wrote off $3K in house cat expenses in my tax return for "breeding mutant cats" & it's a valid write off😀 >>

 
if its a wash on the video game fine, but he has his store credit which has to buy things from walmart and walmart will get their profit back when he uses it. i dont see whats soo bloody confusing about this.
 


<< Yet another person who doesn't understand the very basics of how Wlamart makes money >>



Yeah, I don't understand how Wlamart makes money as I have never heard of them. Wal-Mart is not losing a single penny. Do you understand basic math? I didn't get my job position by not understanding.
 
Also, apparently amdskip doesn't fully understand they corporation he works for. It's called a no-hassle return policy for a reason. If people had to pay a restocking fee, they wouldn't shop there as much or would be more wary about buying an item. Customer relations people! They easily make theiir money back by keeping prices low and selling volume. What's the point in make $1000 once from a customer if they never want to come back to empty their pockets into your piggy bank. Amdskip, I'm sure you have heard of the $25,000 customer. Keep that in mind.
 
I don't care what you punks think because most of you have probably never worked retail yourself so you can shove it😛
 
If it was a concern of Wal Mart's, i think they would probably change the return policy. Obviously it doesn't bother them a whole lot or it would be changed.
 
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