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Without proper policies in place, businesses lose more than revenue Businessowners know return fraud is bad – it leaves them with piles of defective merchandise, it leads to lost revenue, and it creates an…
Retailers should focus on activity types instead of demographics Return fraud isn’t limited to one type – there’s wardrobing, tag switching, auction swapping, receipt fraud, and the list goes on. Likewise, return fraud perpetrators are…
Organized retail crime (ORC) refers to two or more professional thieves involved in shoplifting from the retail environment. It can occur anywhere in the distribution channel, from manufacturing to retail stores or residential households. Organized…
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