Which is really their everyday policy
Without a receipt, shoppers can only return a total of $70 worth of merchandise in a 12 month period. Some electronics are subject to a 15% restocking fee.
After surpassing the $70 limit, customers can exchange items within the same merchandise department.
Holiday and seasonal merchandise on clearance at the time of return will be refunded at the current clearance price.
So folks, have a Merry Christmas and be sure and shop elsewhere, Target is just continuing their policy of assuming that anyone who returns something without a receipt stole it. So if you give granny a sweater from Tarbutt and she wants to get a different size, color, etc and has no receipt granny will be treated like a thief. Shop somewhere else!