my local walmart has a sign that states no returns without a reciept. It goes on to mention something about full cash refunds for the 1st 30 days, then store credits after the 30 days. Even store credits require reciepts. I think the reason for this is because there is about 8 stores within a 20 mile radius right along the OR/WA state lines. Oregon doesnt have sales tax, but they have lower prices on some items, like LCD tv's. I think people were buying big ticket items like $600 tv's and then trying to take them back to the walmarts in washington to get $670 + tax returned to them in a store credit.
The store managers couldnt even explain the price differences to me when I was TV shopping. 6 oregon stores were sold out of the one I wanted, but the washington store have 5 in stock, but they were $100 more, and i would have had to pay another $50 in sales tax. Even thier website shows the price difference between stores