Boy, now the real craziness begins!!
Now that Christmas has come and gone, it's time to head back to the mall -- to deal with returns.
According to a recent survey, 49 percent of shoppers say they are going back to the stores. While some are hitting the post-holiday sales, others are looking to return gifts.
Brace yourself. Stores are tired of getting ripped off -- and trying desperately to hold onto the money they earned over the Christmas shopping season -- so they are going to have people jumping through more hoops than normal during the returns process.
Some restrictions to look out for:
shortened return periods
no cash back -- only store credit
no refunds at all
restocking fees
some serial returners being blacklisted
So, make sure you guard your gift receipts with your life. They often make the difference between cash back and a credit at the store.
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