Rebate are rarely a good thing for the consumer. Stores can offer a 10% discount or a 10% rebate...which will cost them more?
Of course a straight discount. Probably less than half of rebates are redeemed and for those who redeem them the are numerous horror stories. Why go through the hassle for 10% after 6 to 8 weeks. Unless you are making a large purchase there is little reward.
Circuit City did the same thing and lost a huge customer base and eventually failed.
I have been burned enough to know to stay far away from rebates...so I'll stay away from Menard's until they ditch the rebates. Just saying.
Product or Service Mentioned: Menards Rebate.
Menards Pros: Prices, Selection, Website.
Menards Cons: Rebates.