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Thursday, December 26, 2024 3:32PM
Returns are expected to hit an all-time high as retailers enact stricter policies.
Most holiday shopping is behind us but now many Americans are headed to stores for another reason — to make returns.
The National Retail Federation (NRF) estimated that 17% of items purchased for the holidays will be returned this year. This comes as retailers enact stricter policies.
H&M, Zara, American Eagle and T.J. Maxx are among those that have started charging for returns.
Best Buy’s return deadline is Jan. 14, and you may face a restocking charge for higher-priced items.
Amazon’s return deadline is Jan. 31, the same as Walmart’s.
The day after Christmas is expected to be the biggest day for returns.
Need to make a return? Here’s what you should do.
- Make sure to check your store policy as it can vary by store.
- Some retailers or stores won’t take returns or exchanges after a certain time.
- Return and exchange policies are often printed on the back of receipts or just give the store a call.
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