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.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)