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I don't know of any stores that allow this, as most stores require you to return the purchase either to a giftcard or original tender (credit/debit card purchased on). Unless you lucked out that they purchased it with cash AND included the gift receipt, I wouldn't bank on that.
The whole point of the registry (from a retail standpoint) is to generate additional income for the store, so I think more places have fairly strict policies regarding registry returns (such as only issuing store credit, if they allow returns at all).
I'm registering at Dillard's, Pottery Barn, and Bed, Bath & Beyond. All three will issue store credit for anything I return that was purchased off of my registry.
banquet_poly_black_chair_cover_3-1.jpg (182.4 KB, 25 downloads) 1 year old 
The BBB where I live does not return for cash. Honestly, if cash is what you want, don't register.
I emailed BB&B and they did confirm cash...but thanks! Maybe I'll register for less so I can use cash towards a new house.
There is a complex strategy for registering for gifts when you want cash. Register for enough so that people who feel uncomfortable giving cash can give you a gift, but not for so much that you won't get cash. 
Have you considered creating a honeyfund or something similar? I think people might be offended if you insist on cash, or return all their gifts for money. It's a big waste of time to register for it all, only to return it. Then maybe you could use your own mnoey for the house and use the mone you receive from the wedding for the honeymoon or something a little more personal
I would look into non-traditional registries and make sure there is really nothing else you need rather than returning your gifts for cash. A lot of people give cash gifts for the wedding anyway.
Hope you figure out what's right for you!
Have you considered registering for giftcards? Those would still be useful without creating clutter.
I'd just ask for cash - at least this way you are being upfront about it and honestly I doubt people will really mind. What they will mind is to find out you returned all their gifts which you specifically registered for.
If you decide against just asking for cash call all of the stores in advance, or e-mail and get confirmation that they will return the gifts for cash so you're not stuck with a bunch of things you don't want/need.
Before I was ever engaged, I heard a girl talking about how she registered at BBB and Macys so she could return everything to BBB for cash to redo their house. Some people didn't have a BBB close by and if Macys carried the same items, she could still return them at BBB. I thought it was a bit unconventional, but very intelligent way to get what she really wanted. Plus, how are you supposed to ask for cash?? I would never give someone cash for a wedding because the amount would be so little and I would feel uncomfortable, but I would buy a present and would not be offended if it was returned (although I would probably never know).
We have actually thought about doing the same thing and return our gifts for cash or gift cards (which is prob what we will do for most of our gifts.) Like Amy said, we think that some people would feel uncomfortable buying us a gift card vs. a tangable gift so we want them to have options.
What we plan on stating on our wedding website is that we registered at X and X and say that "gift cards are preferred." Or do ya'll think thats rude to say?
Q: Plus, how are you supposed to ask for cash??
A: You aren't ever supposed to ask for a gift, cash or other.
Q: What we plan on stating on our wedding website is that we registered at X and X and say that "gift cards are preferred." Or do ya'll think thats rude to say?
A: Etiquette says it is rude. You are limited to stating where you are registered (via word of mouth from family and friends and via your wedding website)
The best you can do is to make a honeymoon registry, which is still a little iffy in the world of etiquette.
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Hi Gals,
I'm having fun registering for stuff for my new home, but right now I'm in an apartment, and it may be a year or two before I have a house. Would love to know what stores will accept registry returns for cash, which may be more helpful in the short term?
Thanks!