Fraud in retail is on the rise; retailers reported a whopping 93 percent increase in the average number of shoplifting incidents per year in 2023 vs.
Fraud in retail is on the rise; retailers reported a whopping 93 percent increase in the average number of shoplifting incidents per year in 2023 vs. 2019. And return fraud — i.e., abusing returns for monetary gain — plays a big role in this. In 2024, more than 16 percent of retail sales were estimated […]
