The National Retail Federation has put a price tag on the cost of fraudulent holiday returns, and it’s larger than the volume of a number of the trade association’s members.
Based on responses from loss prevention executives at 60 U.S.-based retail companies for its 2012 Return Fraud Survey, NRF estimates that return fraud will cost U.S. retailers $2.88 billion this holiday, about 4.6 percent of the $62.71 billion in total merchandise returned during the season.
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)