Always an option
There was a video going around recently (that turned out to be fake) showing a husband surprising his wife with a $60,000 kitchen remodel. And when she walks in she is not impressed and walks out. Now, if it were me, I would be FURIOUS that my (hypothetical) husband spent $60,000 of our money without consulting me on a change in our house that I would have to look at and cook in for at least the next 10 years. And the fake kitchen in this particular video was not even that nice, so adding in that anyone who had spent $60k on it was an idiot who got wildly ripped off. It was baffling to me, then, that so many of the comments on the video were about the wife being ungrateful and horrible. Now this is an incredibly extreme example of being ungracious about a gift, but highlights this visceral reaction that people have to their gifts being rejected.
Thus it is important to learn how to receive gifts gracefully and with tact.
Obviously, it is important not to scowl, say “this isn’t what I wanted,” call the thing ugly, throw it across the room, or otherwise make the giver aware that you hate their gift.
You should at least act like you are pleased- say something like “this is great! I always wanted a purse shaped like a cat!”
If it’s someone close to you like your grandma who you see frequently, it’s a nice gesture to keep the offending item around and pull it out when they come over, but this is completely optional.
Say thank you in person or write a thank you note if you are not with them.
If you are able to figure out where they bought it and return it, that’s fine and great. If not, give it away to someone who can use it more.
Avoid regifting if it is likely that the original giver will find out.
If you do run into a problem where someone is consistently giving you tons of stuff that you don’t want and don’t have room for (like bringing you random junk every week) then you can have a gentle conversation about appreciating the thought but you are trying to get clutter out of your life and you would love to see just them, no presents.
If a repetitive poor gift giver is someone VERY close to you like your parents or your spouse, you can also have a gentle conversation to try to steer them in the right direction.
So tell me, what are the worst gifts you were ever given?
uncommon-courtesy.com 
If you’ve read other posts I’ve written, you know how I feel about the dollar store picture frame that I received as a wedding gift from a couple that attended my Black Tie wedding… and yes, it was truly this elegant. Open bar (all top shelf liquor) and appetizers (including salmon) and a full meal. My invitations were elegant, so it sent the message of what this event was going to be. GIVING A GIFT WORTH $10 FOR TWO PEOPLE TO ATTEND?!?
I didn’t “accept” the gift, I tossed it. I sent a very generic thank you note (because I didn’t want to lie and say I liked it) and just decided to never forget what these family members did to me. They will never see any gift from me for anything in their lives.