Forum Post: Shop at Wal-Mart/Occupy Wal-Mart
Posted 12 years ago on Nov. 10, 2011, 6:34 p.m. EST by occupiedinCHI
(23)
This content is user submitted and not an official statement
During the Civil Rights movement, groups organized "shop ins" to target racist stores. How about if we make a practice of buying products from the most irresponsible stores, with credit, then returning the items a few days later? If you put it on credit then either the store or the bank that backs the credit care is getting burned on transaction fees and paperwork. It never costs you anything as long as you purchase early in your billing cycle. That way the debit and credit end up on the same statement.
This kind of abuse of return policy will not help at all. They will just discontinue the policy and you will be stock with goods you don't like. This could be even discontinued on the federal level. Some countries don't have return policy at all. The same can happen to US.
One more idea - while you're at Wal-Mart, take a gallon of milk or frozen dinner and leave it in the clothing section.
Are you sure the credit company doesn't have to refund the fee to the retailer when an item is returned? That's how PayPal works when you issue a refund - the credit company loses the fee.
Are you sure? If they do make money off the transaction fee, they are making it from Wal-Mart. Granted that isn't an improvement - the purpose it to create administrative costs and credit fees.
Well it may result in higher credit fees - for everyone including me and you.
We don't pay the credit fees - the retailers do - and congress just capped the amount the banks can charge so they can't increase the rates.
so a small business owner has to pay the higher fees when Visa/MasterCard raises them resulting in higher prices or the business not accepting credit cards. How does that hurt Wal-Mart?
the bank will make money on the transaction fees. So what is the purpose?
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What if we need the Chinese made goods that WalMart sells? Like, say, laptops? How can we post on Occupy web sites if we don't use Chinese made laptops?