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Customer Fraud Comes in Many Forms: “Wardrobing” Is One of Them
Retailers are well aware that shoplifting and employee theft cost them billions of dollars a year in lost revenues just in the United States and well over $125 billion worldwide. But, the phenomenon of...
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Holiday Return Fraud Is Billions of Dollars
As we have noted before, customer fraud is a multi-billion headache for retailers. And return fraud is an especially tough issue with which to deal. Just for the 2013 holiday shopping season, it is...
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When Will Bad News About Security Stop Piling Up?
The answer to this question is an unfortunate: not any time soon. Retailers are still trying to sort through and deal with all of the recent security breaches that have popped up. Now, they have...
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Fighting Credit Card Fraud
Credit card fraud costs retailers, consumers, banks, and credit card firms billions and billions of dollars worldwide — and that only includes the fraud we know about, not the fraud that goes...
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How Small Retailers Can Combat Fraud
Want to reduce your exposure to fraud? Take a look at this video from American Express. Filed under: Part 5: Managing a Retail Business, Part 6: Merchandise Management and Pricing, Privacy and...
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