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Retailers crack down on serial returns (Short-term 'owners' costing firms billions)
Boston Globe ^ | 2-18-2008 | Jenn Abelson

Posted on 02/18/2008 11:02:07 AM PST by Cagey

Jimmy Deignan's first time was with a $500 portable DVD player.

He bought it a few years ago at Best Buy for a Boston-to-Los Angeles flight, knowing he would return it for a full refund when he got back. More recently, in November, rather than spending $600 to rent a LCD projector for a business presentation, the Holden resident purchased one at Staples, then returned it a few days later and got his money back.

The way Deignan sees it, he is just a smart shopper: He gets the things he needs, uses them for as long as he wants, and saves money. But to retailers, this is wardrobing, a practice they say is unethical, damaging to their bottom line, and increasingly common.

Nearly two-thirds of merchants had items wardrobed in 2007, up from 56 percent the year before, the first year the National Retail Federation started tracking the trend. Merchants blame tough economic times and a "customer-is-always right" mentality gone too far. They say a growing number of shoppers feel entitled to return used items they no longer want, and probably could not afford in the first place - from costly cocktail dresses for big events to pricey plasma televisions bought exclusively to watch the Super Bowl. So, they are striking back, instituting more restrictive return policies, imposing restocking fees, and keeping a blacklist of serial wardrobers.

"The economy drives people into this behavior - going through their closets and looking for things they can return, regardless of when they bought it or how many times they've worn it," said Dan Doyle, vice president of loss prevention at Bealls Department Stores, a retailer based in Florida with stores across the Sun Belt.

(Excerpt) Read more at boston.com ...


TOPICS: Business/Economy
KEYWORDS: bestbuy; economy; refunds; retail; returns; wardrobing
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1 posted on 02/18/2008 11:02:09 AM PST by Cagey
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To: ShadowDancer

This may explain why retailers like Best Buy are beginning to charge restocking fees.


2 posted on 02/18/2008 11:03:09 AM PST by Cagey
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To: Cagey

not me-first but me-only alert.


3 posted on 02/18/2008 11:03:26 AM PST by the invisib1e hand
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To: Cagey

This is exactly why Best Buy charges a restocking fee on electronics. Thanks, Jimmy.


4 posted on 02/18/2008 11:04:09 AM PST by ShadowDancer ( Losers always look for excuses. Winners never quit.)
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To: Cagey

I was thinking it before you were typing it.


5 posted on 02/18/2008 11:04:43 AM PST by ShadowDancer ( Losers always look for excuses. Winners never quit.)
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To: ShadowDancer

Anytime, Lois.


6 posted on 02/18/2008 11:04:58 AM PST by Cagey
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To: Cagey
The way Deignan sees it, he is just a smart shopper

The way Slim sees it, he's a thief.

7 posted on 02/18/2008 11:05:02 AM PST by Tijeras_Slim
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To: Cagey

Crooks and criminals come in all forms.


8 posted on 02/18/2008 11:05:43 AM PST by Neoliberalnot ((Hallmarks of Liberalism: Ingratitude and Envy))
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To: Cagey

“”The economy drives people into this behavior - going through their closets and looking for things they can return...”

Ah yes, the big bad economy. Can’t be that people spend beyond their means. Theft has many faces.


9 posted on 02/18/2008 11:05:43 AM PST by AT7Saluki
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To: Cagey

Plain and simple this is cheating and stealing from the vendor and the manufacturer. They are the ones that take the financial loss.


10 posted on 02/18/2008 11:05:54 AM PST by Obadiah
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To: Tijeras_Slim

The way I see it, he is a dishonest weasel.


11 posted on 02/18/2008 11:06:06 AM PST by 3AngelaD (They screwed up their own countries so bad they had to leave, and now they're here screwing up ours)
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To: Cagey
The economy drives people into this behavior

I'd be more inclined to say that greed and selfishness drives this.

12 posted on 02/18/2008 11:06:26 AM PST by squidly
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To: Cagey
"The economy drives people into this behavior"

The economy made me do it!

13 posted on 02/18/2008 11:07:19 AM PST by who_would_fardels_bear
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To: Cagey

Tammie Faye Bakker was notorious for doing this with clothes in Charlotte


14 posted on 02/18/2008 11:07:58 AM PST by AppyPappy (If you aren't part of the solution, there is good money to be made prolonging the problem.)
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To: Obadiah
Plain and simple this is cheating and stealing from the vendor and the manufacturer. They are the ones that take the financial loss.

Not when they are passing that loss onto the legitimate buyer as Best Buy does with its restocking fees.

15 posted on 02/18/2008 11:09:18 AM PST by South40 (Amnesty is a slap in the face to the USBP!)
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To: AppyPappy

I wonder is she tried to take back her eyelashes too?


16 posted on 02/18/2008 11:09:42 AM PST by Cagey
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To: Cagey
I remember a few years ago getting invited to a Super Bowl party that a neighbor was throwing. The neighbor went out of his way to let us know that he was going to "purchase" a wide-screen TV and then return it after the game. He said this like it was something to be proud of...like he was "sticking it to the man" or something.

I didn't go and watched the game on my own big-screen TV that I purchased legimately and still own today.

I am also aware of many people buying portable DVD players, camcorders, etc., to bring on vacations so they can use them and get their money back later (those tips are all over the Internet) but I always thought that was a scummy thing to do.

17 posted on 02/18/2008 11:09:58 AM PST by SamAdams76 (I am 8 days away from outliving Junkyard Dog)
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To: Tijeras_Slim

The business professor sees this individual as an aspiring rat voter.


18 posted on 02/18/2008 11:11:10 AM PST by businessprofessor
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To: who_would_fardels_bear

IOW, it’s all Bush’s fault


19 posted on 02/18/2008 11:12:17 AM PST by craig_eddy (Equality of opportunity, not equality of outcome)
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To: Cagey
Hate the game, not the player. People wouldn’t return stuff in such a manner if stores did not allow for unconditional returns of non-defective merchandise.
20 posted on 02/18/2008 11:12:51 AM PST by pnh102
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