Hey, I think I will do this! This is great! What four movies did you pick that you are able to return to Wal Mart?
Hey, I think I will do this! This is great! What four movies did you pick that you are able to return to Wal Mart?
Hawkeye said:
Wal Mart loses. They make no profit, though they break even. Still, they have to pay to stock items/return them/pay their workers. However, you are liekyl to come back and shop again at wal mart after using your credit, becuase you will now like the store.
Anyway, I am thinking of doing this. Is this really considered fraud, or is it perfectly legal? If I told Wal Mart the item was from another store but its the same ting you stock, would they take it? Do they actaully care about the store?
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Since the $2,600 they gave you is store credit, you are not just likely to come back, you are guaranteed to come back to spend that credit.
If you look at cost of restocking, that would be a a little added cost, that might be offset by the fact that hand you not returned your games, they would have had to order those titles from their warehouse anyway, and some would be putting them on the shelves. There is a little bit extra cost in terms of manning the return desk, and sorting the returned titles, but not a whole lot.
In terms of risk, Wal-Mart does assume some, because if the titles you returned are crappy, and don't sell, their $10 margin in discounting them down is not there, but you take on a big rsisk too. If the day after you got your store credit, you lose your wallet, the $2,600 is gone, and you end up with on 26 games on hand instead of the original (an planned to purchase 78).

| Hawkeye said: Oh, these movies cost $17 on amazon. Did Wal mart give you $17 for them, or $35, or how much of a "return" did you get? |
They were about the same at Wal-Mart, so no, I did not make any profit in the returns. Go to walmart.com, and you will see that they are very comparable to amazon in their pricing. The listings there will also tell you if a title is sold in stores or not.
From Amazon I bought:
V is for vendetta, Superman Returns, Batman Begins, and The Corpse Bride. I actually picked the titles I liked as a primary criteria, just in case the store did not take them back. The store did not stock The Corpse Bride, so I ended up keeping it. It was the one I wanted to keep the most anyway, so no loss there.

rajendra82 said:
It's not really sticking it to them at all. They get to turn around and sell those movies and get their money back. They also make thier profits, because I will end up spending the store credit in there. I consider muyself just an alternate distribution system fior the Blu-Ray movies I brought in. |
They get their money back, but they loose profit. It's somewhat like piracy. The store doesn't suffer directly, but they loose the profit they would have had if they had actually sold a Blu-ray movie they had a profit margin on.
Yes, they get some profit on the other stuff you buy, but I'm not sure whether that has such a big profit margin as movies do. Also, there's no way knowing wether you would buy that stuff at that Walmart anyways, so that they get profit on that to make up for the profit they lost is also kinda uncertain.
It also creates opportunity for arbitrage. If you have an item for $10 in one store, and $15 at Walmart, you can earn $5 by trading. Hence the max. 3 times rule for returning items without reciet.
Also, it's lying. Not morally acceptable. I have no idea if it constitutes as fraud.
This is invisible text!
nordlead said:
Walmart does care, just like every other store. However, they only care after you do it to many times. To many returns and Walmart will cut you off. Whether it is permanent or temporarily, I don't know. Technically you are lying and saying you bought it there. Does that count as fraud in the eye's of the law? I don't know.
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They never asked me if I bought the items at Wal-Mart. They never do, and they don't care. They rely on the computer tagging you as a repeat offender. As seen on their official policy, they keep you blacklisted for 6 months. There are no laws in returns to store, only store policy. They are not required to take anything back, whether you have any receipt or not.

Killergran said:
They get their money back, but they loose profit. It's somewhat like piracy. The store doesn't suffer directly, but they loose the profit they would have had if they had actually sold a Blu-ray movie they had a profit margin on. Yes, they get some profit on the other stuff you buy, but I'm not sure whether that has such a big profit margin as movies do. Also, there's no way knowing wether you would buy that stuff at that Walmart anyways, so that they get profit on that to make up for the profit they lost is also kinda uncertain. It also creates opportunity for arbitrage. If you have an item for $10 in one store, and $15 at Walmart, you can earn $5 by trading. Hence the max. 3 times rule for returning items without reciet. Also, it's lying. Not morally acceptable. I have no idea if it constitutes as fraud. |
In the US, many (not all) stores will match the price of another store. If the item you seek is $10 in one store and $15 in another, if you ask the second store manager, they are likely to sell it to you for $10 as well. If they don't, they know my next move will be walking out and driving to the other store. You call this arbitrage, amd make it sound like it might be illegal in Sweden, but it is quite legal here, and I am glad that it is.
I don't get this moral outrage at this. I didn't force Wal-Mart take the movies back, I let them make a choice. I didn't make any money on the return, and I accepted store credit, an inferior form of cash that I have to spend at the store accepting the items back. In doing this, all I did was expanded what came bundled with the PS3, and where I bought it. There was no stealing, lying, cheating, pirating, looting or any such swashbuckling activity involved.

why cant people just leave jokes alone? why do they always have to go in depth about why its wrong, they cant just laugh with the rest of us and join the parade
WiiStation360
I'm with WiiStation360 just because you gave yourself a logical defense does not mean its morally wrong..... and if they have no problem with people doing this then why track people doing it?? what you say to do is a scam not a deal....
just my thoughts...
Don't return the movies if you feel it is morally wrong to do so, but the original deal from Amazon is still worth mentioning as good I hope.

Just so you know rajendra, I personally have nothing against you doing this, as I have used their return policy to my advantage when someone gives me a gift and I don't know where they got it.
However, I probably won't be doing this and, please never do this to a small store, as it will definitely hurt their business as they can't absorb the temporary loss (or extra stock however you want to look at it) as well.
