Question for tourbound6:
What happens if a customer has the receipt AND the item with them? Under what possible Target policy could a customer be refused a return and re-buy (as long as they are in-store during the BF sale hours, i.e. before 9am)? I can see Target corporate attempting a one-day PA policy change, but how are they going to stop the valid return of an unopened item accompanied by receipt? Target's "no-hassle" return policy is one of its core corporate precepts.
Stores are not required to let anyone re-buy the item. Once the return is done, the merch is now back in inventory and technically not eligible for sale until it is back on the sales floor. All returned BF merchandise could be held off the salesfloor until the next business day after the BF sale is over.
I'm not saying that will happen but it is possible.