Retailers lose $76.5 billion annually to return fraud as nearly 10% of U.S. retail returns involve fraudulent activity, with ...
As retailers tried to win shoppers and boost sales in recent years, they made their online return policies more lenient than ever. But those changes have come at a cost. As more consumers shop online ...
The holiday shopping season is done, and for those gifts that didn't quite land, it's holiday return season. It's a time of ...
COLUMBUS, Ohio--(BUSINESS WIRE)--Loop, the leading return management platform for ecommerce brands, released the findings of its most recent consumer survey on return policy abuse and fraud. The data ...
Return fraud is the latest retail crime plaguing the industry, contributing to some $101 billion in losses for sellers in 2023, according to the National Retail Federation. Last year, $743 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 ...
Ways to Prevent Return Fraud and Protect Your E-Commerce Business - IT News Africa | Business Technology, Telecoms and ...
E-commerce experienced exponential growth in the last few years as new players appeared on the playing field – fraudsters who are taking advantage of retailers’ return policies. Returns became the ...
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 ...