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Which stores use the retail equation?

For those of you who don't know, The Retail Equation (TRE) is a third party company that ~27,000 stores used to monitor return status. These are semi popular stores such as Best Buy, Home Depot, Sephora, JC Penny, CVS, Burlington and more. TRE claims to use purchase / return information to reduce fraud and/or abuse.

Does Home Depot use the retail equation?

Home Depot said it only uses Retail Equation to track returns with no receipt.

How does the retail equation work?

Here's how it works: When a merchant uses The Retail Equation, and a consumer shows up to return an item, the cashier scans his or her driver's license. The system then does an instant check of this shopper's return history and then gives an approval, a warning or a do-not-accept message.

Does Home Depot Track returns?

Re: Banned from Home Depot Returns As others have said, it's because of how often you returned things without a receipt. All major retailers now track this, and will blacklist you if you do it often enough. 10 times in a year is certainly often enough.

Why do stores take your ID for returns?

According to information provided by The Retail Equation, here's how the Verify Return Authorization system works: when a consumer wants to make a return, a retailer will scan the original sales receipt and/or swipe the customer's driver's license or government-issued ID card to make an identification of the person and ...

Why do stores check ID for returns?

According to TRE, the system is designed to identify fraudulent or abusive behaviors that are not typical of 99% of consumers. The one percent of consumers who get warned or denied exhibit return behaviors that mimic fraud or abuse or exhibit habits that are inconsistent with the retailer's return policy.

Do you need ID to return?

If an item is being returned without a receipt, then requiring an ID is justified as long as the information is not captured or stored somewhere. Usually, the customer is asked to fill out a short form and any information collected is only for the retailer's records and no other.

Why does Walmart ask for ID when returning an item?

Without a receipt essentially means you do not have proof it was purchased at Walmart, or at all. The fact that they take it back without a receipt is a courtesy they offer. ... They ask for your ID only if you are returning without your receipt, or outside the normal return window.

Why does target scan license for returns?

The Target customer service representative will scan the license to track your total annual returns. This protects the store from habitual, potentially fraudulent returners. As long as you pay with a credit card, you can return up to $100 a year.

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