How retailers like Best Buy, T.J. Maxx and Home Depot quietly target 'problem' returners
Best Buy(BBY) CNBC·2024-05-11 00:36
It's no secret that retailers are cracking down on returns.In 2023, 81% of U.S. retailers implemented pay-to-return policies in some capacity. Amazon, Macy's, T.J.Maxx, Walmart and Staples all rolled out changes to their established return policies. That may look like shrinking return windows, charging for some returns, or in some cases simply telling shoppers to "keep it"Shoppers racked up more than $5 trillion worth of retail sales in the U.S. last year, according to the National Retail Federation. About ...