Parents are using Target's unusually generous returns policy to exchange outgrown or worn-out Cat & Jack kids clothes for cash

Tech Insider
A Cat & Jack clothing display at a Target store.
Target introduced its Cat & Jack line in 2016 and quickly reached $2 billion in annual sales. It now represents over $3 billion in sales per year.

Dominick Reuter/Insider

Target says Cat & Jack is the biggest kids' clothing brand in the US. Parents love the label's generous 1-year return policy.

Tech Insider
Cat & Jack clothing for sale at Target
Target launched its children's apparel brand Cat & Jack in 2016, and it now makes over $3 billion in sales per year.

Dominick Reuter/Business Insider

It looks like high-income shoppers are becoming increasingly loyal to Walmart

Tech Insider
Miami, Florida, Hallandale Beach, Walmart store, customer reaching for looking at shoes sneakers sandals.
More wealthy Americans are turning to Walmart for non-food items.

Jeffrey Greenberg/Universal Images Group via Getty Images

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