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Given REI's liberal merchandise return policy, these frills make economic sense.
FORBES: Backpackers meet the bottom line
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During my store visits, I have seen customers in both Izod and Levi shops examine merchandise and return it to the shelf.
FORBES: JCPenney Sales Will Be Lower For Rest Of The Year -- And Then What?
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Customers have a chance to return merchandise (free of charge within 21 days) and they will take advantage of this privilege by ordering more than they will keep.
FORBES: Amazon.com new high fashion push is aggressive and will encroach on Department Stores' turf
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JCPenney is having one of its best days in quite a while as the stock price pops on new merchandise, the return of sales and a rumor of an REIT-like transformation.
FORBES: JCPenney Goes Pop
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Gap this month told investors it expects pressure from higher cotton costs to ease, helping it return to expanding merchandise margins, especially in the back half of 2012.
FORBES: Cotton's Pinch on Clothing Stores Continues
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Amazon claims they will not ask for the traditional mark-down allowances from manufacturers nor return privilege for the merchandise from the suppliers.
FORBES: Amazon.com new high fashion push is aggressive and will encroach on Department Stores' turf
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Less sophisticated but almost as costly to retailers is return fraud, the practice of stealing merchandise and returning it to the store for a full refund.
FORBES: Holiday Thieving Season
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Returns without a receipt are subject to the posted return policy, which might result in your receiving only a merchandise credit for the lowest price the item has sold for recently, or possibly no refund or exchange at all.
FORBES: Returning A Gift? What You Need To Know About This Year's Return Policies
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The institution never contemplated or established a trust fund for players who lost their scholarship, so they could then upon certain conditions being met, receive a return on the considerable royalties amassed by the school from the merchandise sales from the numbers worn by those teenagers.
FORBES: How Parental Responsibility Will Radically Change College Football - Is the Alex Collins National Letter of Intent the Start?