Its estimated that one out of three shoppers will head to the mall this week to return a holiday gift.
All that returning could end up totaling nearly $50 billion in rejected merchandise.
Good Question: What are some tips for making the return process easier?
Chances are Santa may have goofed, he may have given you the wrong size or the wrong color and that means a trip to the store for you to make a return.
The National Retail Federation says retailers will lose nearly $18 billion in fraudulent returns this year.
People who buy, use and then return fit the fraudulent return category.
For those who don't do that, but still have returns to make some stores have made it easier for you this year.
Many retailers have decided to get rid of restocking fees and return deadlines to help out customers.
Best Buy is among them, the chain eliminated its restocking fee on all products, except special orders.
Macy's will accept most returns as long as you have a receipt.
Toys R Us now gives you 90 day to return on line purchases.
So what makes it easier?
1. Have your gift receipt or merchandise sticker, 65 % of retailers will not accept a return without one.
2. Make sure your return is in its original packaging.
3. Don't delay, most stores have a 30 day policy, some longer. Its best not to wait.
4. Be patient, remember you're not the only one with a return.
5. Remember to take a valid id with you, some stores participate in a national tracking system that tracks repeat return abusers and may ask you for it.
6. And finally experts say treat credits and refunds like real money and spend wisely.
US News and World Report has listed stores that are the best when it comes to return policies and the worst. That list includes:
Best Return Policies:
Worst Return Policies:
Barnes & Noble