Earlier quoted context omitted.
There’s probably a lot of money for the first person who figures out how to solve this problem instead of complaining about evil uncaring business owners. Costco kinda figured it out, by charging a membership fee they got rid of most low LTV customers from the get-go. Unfortunately, their generous refund policy still got hacked by bad actors which is why they have a lot of restrictions around returning electronics. (…
If their refund policy was literally "accepting returns on anything for any reason" how is it "hacking" to return a laptop after a year?
You seem to be saying 'well they did say any reason' and that good faith on the part of the buyer didn't/shouldn't enter into it. Yes they did, and people behaved the way they did. Now the generous refund policy no longer exists. See how that works?