What Do Americans Shoplift Most Often?

Shoplifting in retail stores accounts for billions and billions of dollars around the globe. In the United States alone, annual shoplifting losses amount to $13+ billion. Take a look at this NEW  YouTube video from the Wall Street Journal to see what items are shoplifted most frequently in the United States.      

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Reducing the Chances of Credit/Debit Card Fraud

There is a great article in today’s New York Times by Ron Lieber. It is titled: “Consumers Not Powerless in the Face of Card Fraud.” Lieber’s article covers: Alerts and Other Tools The On/Off Switch Chip Cards Click the image to read Lieber’s tips. Art by Robert Neubecker   

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It’s Time for Smart Chip Technology on U.S. Credit Cards

As we recently posted, data security — and the lack thereof — is a huge problem that needs to be fixed for both retailers’ and shoppers’ protection. First, let’s look at some more statistics. Then, let’s consider the best solution. According to a Ponemon Institute study, as reported by the Wall Street Journal, security breaches […]

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Don’t Be a “Wardrober”

Retailers know that customer 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 excessive customer returns seems to be growing, and that also affects the bottom line. And this problem has not received enough attention […]

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