View Post

Retailers Estimate Holiday Return Fraud Will Cost $2.2 Billion in 2015

In Industry News, What's New by Accessories StaffLeave a Comment

Washington–Retail fraud comes in many shapes and sizes and is especially rampant during the holiday season when online and in-store traffic grows significantly. One of the biggest issues throughout the holiday season: return fraud. According to NRF’s latest Return Fraud Survey, retailers estimate that 3.5% of their holiday returns this …

View Post

Retailers Urge Collaborative Approach to Reduce Cyber Fraud

In Industry News, What's New by Accessories StaffLeave a Comment

Washington—The National Retail Federation (NRF) today urged Congress to take a “comprehensive approach” as it contemplates a national response to criminal cyberattacks in which millions of consumers’ credit and debit card numbers were stolen recently at Target, Neiman Marcus and other stores. While the NRF said retailers are willing to …