How to Prevent Return Fraud in Your Retail Store

Retail returns are a trouble spot for retailers at any time of year, but at the holidays, the problem is especially significant. This year, the NRF expects holiday return fraud will cost U.S. retailers $2.2 billion, according to NRF’s Return Fraud Survey.

Retail return fraud is on the rise due to many factors, including the increasing popularity of gift cards, new payment methods and technological innovations that make it easier to falsify or duplicate receipts. Some of the most common types of fraud are:

How to Prevent Return Fraud in Your Retail Store