Bamboozled: Retailers are monitoring your return habitsBy Karin Price Mueller/The Star-Ledger
Nov. 20, 2012
While I see nothing wrong with this service, I found this quote hilarious:
“While we want to maintain a customer-friendly returns policy, The Retail Equation system helps us minimize returns fraud; which is often tied to bigger organized crimes such as drug trafficking, and even terrorism,” said spokesman Stephen Holmes in an e-mail.
Show me one example of terrorism being financed by someone taking advantage of a store's return policy. What a complete joke, every two-bit hack now thinks they can cite "terrorism" as a justification for anything and everything. - ChrisBig brother is watching you... shop.
That’s right. Businesses can contract with a service called The Retail Equation, which will keep a digital eye on your return habits.
It’s true that return fraud -- which ranges from returning stolen merchandise for cash to what’s known as “wardrobing,” or buying and using items that a shopper doesn’t intend to keep -- is a big problem for some stores, but are you, the consumer, willing to give up some of your privacy to help?
Depending on where you shop, you may not have a choice.