If you make a lot of returns OR have ever been denied a return at your favorite retailer, you may be interested in reading this email I received from a Hip2Save reader… Then stores this data in their state-of-the-art data center, which is located somewhere in the U.S. TRE uses this personal information (typically, this includes your identification number, name, address, date of birth, and expiration date) to track and monitor your return habits. In fact, if you’ve ever been required to show a driver’s license when making a return, it may be because they are partnered with The Retail Equation and use their tracking software. While TRE’s system may be helpful at preventing return fraud and abuse, many shoppers are not aware of this tracking system. Customers who are flagged may be prevented from making future returns at that particular retailer. To keep tabs on customer returns, these retailers have turned to a third-party company, The Retail Equation (TRE), that analyzes the store’s sales data and keeps a database of customer returns, flagging potentially abusive shoppers. retailers over $17 billion every year? Because of this, many retailers, including CVS, Best Buy, The Home Depot, and others, have started discreetly tracking customer returns, with hopes of halting shoppers who are suspected of abusing their return policies. Did you know that return fraud and abuse costs U.S.
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