actually i have a receipt from Macy's LV store and stamp on the back of it, it states
LOUIS VUITTON RETURN POLICY
"Merchandise in saleable condition may be returned or exhanged within in 14 days of purchase at a Macy's store carrying Louis vuitton merchandise. Must have original proof of purchase."
Refund within 14 days in your original form of payment, then store credit (valid for 1 year) after 14 days (and usually before 30 days) or exchange. Must have original sales receipt and items must not be used. (This was at an LV boutique)