Retailers are heading into peak season knowing that nearly a trillion dollars in merchandise will boomerang back through their doors, testing margins, logistics and customer patience all at once.
Lacoste is using AI tech Vrai to detect counterfeit returns. Return fraud costs retailers billions, with billions lost globally. Amazon and other retailers face scams exploiting return policies for ...
Shoppers are increasingly exploiting return policies with various scams to defraud companies, and it is costing retailers billions. While retailers have tried to mitigate returns, they amounted to ...
LAS VEGAS, March 25, 2025 /PRNewswire/ — SHOPTALK — Returns are on track to become a $1 trillion problem by the end of 2025, posing one of the biggest threats to retail profitability. To help ...
Identity theft is a growing concern, and as tax season approaches, there’s increased risk that people will be victims of tax return fraud—when scammers attempt to file under other people’s names and ...
Noir Luxury Refunds marketed itself as an expert in helping consumers get refunds from retailers. But its expertise was grounded in fraud, federal prosecutors say, and a Minnesota man is expected to ...
With holiday shopping ramping up, major retailers like REI, Target and Amazon are revising return policies to combat fraud. REI confirmed to ABC News on Wednesday that a small fraction of frequent ...
The service encourages residents to find more information about various frauds and scams that may be circulating on its ...
While many people are wondering about the government’s economic stimulus package, be aware that many industrious con artists are working overtime to take advantage of residents, according to the ...