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US retailers lost a little over $100 billion in return fraud, or around $13.70 for every $100 returned, up from $10.40 per $100 in 2022. Major retailers are frequent targets of such scams.
In a recent survey by the National Retail Federation, retailers reported that shrink — a measure of retail losses that includes external theft as well as other sources of loss — amounted to an ...
State and local governments, law enforcement officials and consumer advocate groups are warning holiday shoppers this year to be aware of a popular gift card scam that involves tampering before ...
The Spanish Prisoner scam—and its modern variant, the advance-fee scam or "Nigerian letter scam"—involves enlisting the mark to aid in retrieving some stolen money from its hiding place. The victim sometimes believes they can cheat the con artists out of their money, but anyone trying this has already fallen for the essential con by ...
Best practices • Don't enable the "use less secure apps" feature. • Don't reply to any SMS request asking for a verification code. • Don't respond to unsolicited emails or requests to send money.
Southpole is an American wholesale clothing and fashion company, designer, distributor, licensor, and marketer based in Fort Lee, New Jersey, with operating headquarters in New York City. The company was founded in 1991 by two Korean American brothers, David Khym and Kenny Khym under their company name, Wicked Fashions Inc.
Bobbie Thomas is an American fashion journalist. She is the Style Editor for NBC's Today Show. She has been considered a beauty and fashion expert for over a decade, and has appeared on TV shows including E! Red Carpet coverage, Style Network's Fashion Police, The View and The Wendy Williams Show.
The National Retail Federation estimates that retailers lost $40.5 billion to external theft, including organized retail crime, in 2022. That represented about 36% of total inventory losses ...