What is the time frame for issuing an exchange card at the lowest selling advertised price for returned merchandise without a receipt?

The correct answer is 60 days, which reflects the policy implemented by Hobby Lobby regarding returns without a receipt. When customers return items without a receipt, they may be eligible for an exchange card based on the lowest advertised price of the merchandise, provided the return occurs within a specific time frame.

This 60-day window allows customers a reasonable period to decide whether they wish to return purchased items while also ensuring that the store's return policy helps manage inventory and reduce potential losses from overly extended return practices. Understanding this policy can assist cashiers in effectively processing returns and ensuring compliance with company guidelines, thereby enhancing customer service and satisfaction.