Returning Unwanted Christmas Gifts? Beware of Potential Fees.
Many shoppers are facing challenges when returning unwanted Christmas gifts. Some major retailers have begun implementing fees for returning items, leading to increased costs for consumers. It’s essential to be aware of these fees before deciding to return recent purchases.
Return Fees from Major Retailers
Several well-known retailers have introduced new charges for mail-in returns, even for unopened gifts. Here’s a list of some notable fees:
- Macy’s: $9.99
- TJ Maxx: $11.99
- Marshalls: $11.99
- J. Crew: $7.50
- Abercrombie & Fitch: $7.00
- H&M: $3.99
- Zara: $4.95
- Best Buy: Up to $45 for electronics
Amazon has also adjusted its return policy. Some customers now face charges unless they use the in-person drop-off option that avoids extra fees.
Impact of Return Policies
According to the National Retail Federation (NRF), Americans are expected to return approximately $850 billion worth of goods this year. Moreover, nearly 20% of online purchases are sent back.
Industry expert David Sobie, co-founder of Happy Returns, indicates that current tariff policies are increasing cost pressures for retailers. This has led merchants to seek ways to offset return costs, often by imposing fees on shoppers.
Avoiding Return Fees
To avoid incurring these unwanted charges, Sobie suggests reviewing the return policy of retailers before making a purchase. Understanding the terms and potential fees can save consumers money during the holiday season.
