An engagement ring is a big purchase, and customers want to know if it has a backstory. Because of this, most jewelry stores will not give you a full refund when you try to return it. Some might, but that’s not the norm. In fact, some stores have a strict no- return policy.
How does Walmart afford its return policy?
Most of the costs are passed on to the manufacturer. The item is returned to the store and then packaged for return to the Wal-Mart return center. It then is either sent back to the manufacturer for repair and resale or is scrapped. In most cases, the manufacturer eats the ultimate cost of the return.
Can I return jewelry to Walmart without a receipt?
If for any reason you’re not completely satisfied with your jewelry purchase, you can return it to us within 90 days of receiving your purchase. All jewelry, including fine jewelry, may be returned to your local Walmart with a receipt.