Found this in the September 2007 Parents magazine and thought I would share it:
Sorry, Sears, but we just had to tell everyone about your highly unpublicized, only-available-in-stores, and very generous program: KidVantage Wearout Warranty. It applies to all the clothes (except socks and underwear) you buy for your child.
If the item wears out before your kid outgrows it, Sears will either repair it or replace it with the identical item in the same size or, if it's unavailable, a similar item of equal value in the same size.
The warranty covers all children's sizes and up to big kids' size 6 in shoes.
Just take the worn-out pants or the torn t-shirt to your nearest Sears store - and make sure you have proof of purchase.
No matter where you shop for your children, always ask about the return/exchange policy - you never know what you might dig up!