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“When a producer from the network attempted to return a TV originally purchased for $248 using a gift receipt, she was only able to get back $228 -- the unit's new on-sale price. A cashier told her simply that the register "will just generate however much [the original buyer] paid for it,” even though in this case the original purchase price was higher.
This is far from the first time such allegations have been made against Walmart. Last year, the same CBS affiliate aired similar reports that Walmart was shortchanging customers on gift receipts.”
“An investigation by CBS stations CBS-13 in Sacramento and CBS-3 in Philadelphia found that Walmart's gift receipts don't always return your money's worth.
CBS-13 investigative reporter Kurtis Ming shared the story on "The Early Show."
Ming said team went to Walmart stores, purchased items, and asked for a gift receipt. But time after time, when they returned those items using the gift receipt, they got back much less than what was originally paid.
And the investigative teams aren't the only customers affected.
David Schmitz used a gift receipt to return a present he bought at a Walmart in California.
Schmitz told CBS News, "When I purchased the item it cost $15 plus tax. When I tried to return the item using the gift receipt, I was offered $7.50 plus tax."
The makeup kit Schmitz purchased had since gone on sale, so he was only offered back the reduced price -- not what he originally paid.”
The problem comes in play when the gift recipient takes the gift back to the store for a refund and not knowing how much you paid takes whatever the cashier says the price of merchandise is at the time of return.
You may have paid $30 for the gift, but when it is returned to the store it may be on sale for $15 so that is the amount that is refunded to your gift recipient. You and they just took a lose of 50% and the store keeps the difference.
Originally posted by benrl
My first job was at a major retailer that used gift receipts, I remember back then (I worked customer service) that this occurred every now in than with them when ever an item happened to be on sale when the returned happened this would occur.
I brought this up and its was quickly written off as an error with the system, we where told to be vigilant about checking to make sure this never happened, yet I remember they had yet to patch it by the time I quit that summer job back in 1999.
I wonder if they have yet lol...
edit on 1-2-2013 by benrl because: (no reason given)
Originally posted by YouAreLiedTo
That's some pretty shady business practices...
But what do you expect from a company that supports third world child labor and sweat shops?
C'mon, Wal-Mart would sell their employees souls if it meant a 5% gain for the QE report...
Originally posted by Kr0nZ
I wonder what would happen if you bought an item that was on sale, and received a gift receipt. Then returned it when the price went back up?
If you get the sale price refunded instead of the non-sale price, then it is obvious that they are knowingly frauding their customers, because my test would confirm there computer systems track sale prices.
Originally posted by littled16
reply to post by fnpmitchreturns
Walmart tries to rip off their customers in all sorts of ways. I've never had a problem at the Walmart in my city, but every single time I've gone to one of their "Super Centers" they have tried to charge me quite a bit more than they should have. I check prices on everything I put in my cart- I even match the UPC codes to the shelf sticker to make sure the item matches the price. I keep a tally of all the items and estimate sales tax before I ever get in line at the register so I know how much the total should be. Yet every time there is a discrepancy- sometimes just $5, but often $10 or more and once even $35! People behind me in line get mad, but I make them call a manager and I point out the differences and make them give me the correct prices even if it means them having to call several different departments for price checks if they don't trust the prices I have written by the items on my list. Every time they claim it's a computer error, but come on- every time? Really?
Originally posted by YouAreLiedTo
That's some pretty shady business practices...
But what do you expect from a company that supports third world child labor and sweat shops?
C'mon, Wal-Mart would sell their employees souls if it meant a 5% gain for the QE report...