Retailers lose $76.5 billion annually to return fraud as nearly 10% of U.S. retail returns involve fraudulent activity, with ...
About 72% of retailers now charge a processing fee, according to the National Retail Federation, while others are shortening ...
Retailers are losing millions of dollars to fraud, including a case involving a Northfield-area man who’s expected to plead ...
Nearly half of shoppers in a recent survey admitted to some sort of "return fraud," and one estimate says nearly 1 in every 10 retail items returned for a refund is fraudulent. Josh Sidorowicz is In ...
Ways to Prevent Return Fraud and Protect Your E-Commerce Business - IT News Africa | Business Technology, Telecoms and ...
Autumn is an associate editorial director and a contributor to BizTech Magazine. She covers trends and tech in retail, energy & utilities, financial services and nonprofit sectors. Retailers expect ...
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Returns could hit $850B as shopper fraud hits 9% of sales
Retailers are bracing for a record wave of merchandise boomeranging back to stores and warehouses, with returns expected to ...
Retail return fraud is on the rise, and companies are watching closely as many consumers have until the end of January to send back unwanted holiday gifts. Retailers expect 16.5%, or $24.5 billion ...
Return fraud is on the rise, totalling $103 billion in 2024, according to a report by Appriss Retail and Deloitte Retailers’ generous return policies, the popularity of e-commerce, and social media ...
The busy return season following the winter holidays is here, and retailers are on high alert for the array of return scams that are likely to impede their profits. Return fraud is a major concern for ...
While you may notice that some stores are letting you keep your returns under so-called "keep it" policies that help them defray costs, others are beginning to crack down on those very same return ...
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