The sweater didn’t fit right, the color was all wrong and you already have a singing bass on a plaque. For whatever reason, if you need to return a gift you should know a few things first.
According to the National Retail Federation, 62 percent of retailers have ID requirements to make a return. Your information is likely stored on The Retail Equation, a service that tracks how often you bring stuff back and identifies habitual returners.
The retail exchange has said return fraud and “renting” (buying an item to wear and return) costs the retail industry billions each year. In an effort to stop that practice, they’re tracking you, and all of your returns at their participating stores, in a database.
Return items too frequently, and you may lose your right to bring back your purchases anywhere. Read more