Watch for Tighter Return Policies

This holiday season shoppers should be aware of changing return policies. While 11% of stores are relaxing their return policies, 17% are tightening them.

Some of the changes to watch for include:

• Extension or shortening of the return deadline.

• Varying restocking fees that apply to different types of products, such as electronics or furniture.

• Special return fees for open or used items or gifts that are returned past the deadline.

If you are considering returning a gift, make the decision early, don't open or use the item, and be certain you return it by the deadline. For a sample list of return policy for some major retailers, go to Consumer World.