Bed Bath & Beyond Alters Generous Return Policy

Bed Bath & Beyond has modified its return policy, effective April 20. The home goods chain, which operated 1,016 U.S. locations as of May 2014, announced earlier this week that it will deduct 20 percent from a returned item's value for customers who do not provide a receipt, or whose purchase could not be identified through the store's transaction records. Previously, Bed Bath & Beyond offered a full refund for store credit or an exchange even in the case that a customer didn't provide a receipt.