Tag: return fraud
Does AI Hold the Secret to Stopping Employee Theft?
Companies are promising to leverage artificial intelligence (AI) to eliminate cyber threats and diagnose cancer. Other companies describe how it will be used to predict customer behavior and execute marketing campaigns. Post sponsored by Appriss Retail.
USS Unveils New Apparel Return Fraud Solution
USS has recently unveiled their latest development to combat apparel return fraud, the Disposable Anti-Wardrobing Tag.
Wardrobing, a form of retail return fraud and shoplifting,...
The Evolving Impact of Return Fraud and Abuse
The concept of the retail return is a relatively new phenomenon. In the mid- to late-twentieth century, retailers began accepting returned merchandise as an...
NRF / University of Florida Survey Says Retail Shrink Increased to $48.9 Billion in...
Thefts from retailers and other inventory shrink grew to $48.9 billion in 2016 from $45.2 billion the year before, even as budget constraints left...
Holiday Return Fraud Statistics for 2017
More than 5 percent of holiday returns in 2017 are expected to be fraudulent, according to retailers. That would put the total loss to...
The Retail Equation/Sysrepublic Presents: A Tale of Holiday Returns
With return authorization solutions deployed in 34,000 stores across the country, The Retail Equation/Sysrepublic, the retail business unit of Appriss, annually reports on the...
Integrating Retail, Social Media, and Incarceration Data with Artificial Intelligence for Next-Gen Threat Prevention...
Retail security professionals are continually striving to fend off threats. They face a never-ending battle. A solution is implemented only to have offenders circumvent...
Largest LPRC Conference Concludes in Advance of Hurricane Matthew
Over 260 loss prevention professionals, solution providers, and retail manufacturers gathered at the University of Florida (UF) in Gainesville October 3–5 for the annual...