Please ensure Javascript is enabled for purposes of website accessibility

Target Announces Temporary Return, Exchange, and Reusable Bag Suspension

By Rhian Hunt - Mar 26, 2020 at 11:55AM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Returns and exchanges will be honored for an extra three weeks after the suspension.

For the next three weeks, Target (TGT 2.46%) will stop accepting in-store returns and exchanges at all of its U.S. locations, according to a coronavirus precaution update posted on the retailer's website yesterday. The suspension of returns is slated to last between March 26 and April 16. Target says it is taking this step "to be extra cautious" in its efforts to help prevent spread of COVID-19 through contact between customers and store personnel.

The return and exchange counter at a California Target.

Image source: Target.

The retail chain is extending the return period by three weeks past the original return deadline so customers won't miss out. Any currently returnable items that would expire before April 17 will now remain eligible for return or exchange through May 7 instead.

The statement by CEO Brian Cornell went on to detail other measures intended to help control spread of the virus, including deep cleaning of checkout lanes between customers and the use of alternating lanes to give workers more time to sanitize surfaces before the next shopper comes through.

Additionally, people who bring reusable bags will be asked to pack up their own purchases. Single-use plastic and paper bags will continue to be available as normal. If individual Target stores charge for these disposable bags, the fees will be waived for the duration of the reusable bag suspension.

This news comes shortly after Target decided to postpone new store remodeling plans until next year, bumping with almost 2,700 remodeling jobs to 2021 as a response to the coronavirus outbreak's effects.

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

Target Corporation Stock Quote
Target Corporation
$150.42 (2.46%) $3.61

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning analyst team.

Stock Advisor Returns
S&P 500 Returns

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 06/26/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.