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Industry News

Another Retailer Files for Bankruptcy; Looks to Cut Debt by $450M

Belk on Tuesday said it has filed for Chapter 11 bankruptcy protection with a plan to recapitalize its business and reduce its debt burden...
Industry News

Pandemic Cuts into Valentine’s Day Spending, Traditions

More than half (52%) of U.S. adults plan to celebrate Valentine’s Day this year, but they will be spending less than in 2020. And...
Industry News

The US is the Most Card Fraud-Prone Country in the World…Here’s Why

Payment card fraud losses reached $28.65 billion worldwide in 2019, according to the most recent Nilson Report data. The United States alone is responsible...
Industry News

Online Giant Publicly Backs Bill to Set $15 Minimum Wage

Amazon is continuing its efforts to increase the federal minimum wage. In a corporate blog post, Jay Carney, senior VP, Amazon global corporate affairs, said...
Industry News

The Holidays are Over: Roll in Refund Fraud Season

The holiday season is behind us, and for e-commerce companies, that means one thing: Refund season has started. Many refunds will be legitimate, as...
Industry News

Shoplifting Suspect Had Six Outstanding Warrants

A 25-year-old Modesto man who was reportedly shoplifting from the Mitchell Road Rite Aid store was arrested Saturday morning with six warrants for his...
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Industry News

RLPSA Annual Conference to Be Presented “To Go”

The Restaurant Loss Prevention & Security Association is converting its annual in-person conference to a virtual format set for March 2 – 4.
Industry News

Employee Stole $156K in Gift Card Scheme

A Stockbridge man is accused of stealing more than $156,000 worth of electronic gift cards while employed at Home Depot, according to Cobb County...
Industry News

US C-Store Count at 150,274; State with the Most is…

There are plenty of convenience stores in the US, but not as many as there were a year ago. There are 150,274 convenience stores operating...
Industry News

Border Officers Seize More than $550K in Counterfeit Designer Goods

US Customs and Border Protection (CBP) officers in Minneapolis seized two shipments of fake designer clothes worth more than $550,000. According to a news release,...
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