Quote:
Originally Posted by newts
You think that Costco takes the hit for any of the returns? Nope...returns just go to a reclamation centre and the supplier in turn usually gets short paid.
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Not at all true. There are many things we don't get any credit from the manufacturers for, and plenty of things we only get 20-25% of the retail cost of the item back from the maker.
One thing we absolutely CANNOT do is re-sell or give away any of the things we find out we're not getting any credit for. An example would be a marble top patio set that came back a couple years ago- the table top was cracked and a few chairs were rusted. For whatever reason, the vendor told us they weren't going to accept it back or give us any return credit, so it went right in the garbage compactor. We could have easily got $500 for it, but instead we ate the cost.
I think vendors that have a more liberal return policy are more likely to strike an agreement with Costco to have their items sold in Costco warehouses, but that is pure speculation. What I do know is that there are dozens of items that are chucked out every day because we won't get any credit for them and aren't able to salvage/re-sell them.