Loss Prevention & Security: Page 3
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NYC focuses on repeat offenders, social services to combat surge in retail theft
Just 327 serial shoplifters accounted for a third of the more than 22,000 retail theft arrests made in the city last year, officials said.
By Daphne Howland • May 18, 2023 -
When the mall is the target: The state of retail and mass shootings
Stores and malls are especially vulnerable to random attacks like the recent killing of eight people at the Allen Premium Outlets in Texas.
By Daphne Howland • May 11, 2023 -
Deep Dive
‘MetaBirkin’ NFT creator to appeal Hermès trademark verdict
A jury ruled against Mason Rothschild and his drawings of fur-covered luxury bags. His attorneys say the new technology doesn’t cancel the First Amendment’s protection of artwork.
By Daphne Howland • Feb. 10, 2023 -
Deep Dive
Grocers weigh the pros and cons of scan-and-go
Despite Wegmans’ decision to abandon the technology last year, other retailers continue to offer the convenience-focused service — and more are showing interest in it, industry officials said.
By Sam Silverstein • Jan. 25, 2023 -
Patagonia demands injunction, damages over Gap fleece designs
The outdoor gear brand said it has previously warned Gap to stop copying its designs, which even one Gap customer flagged as a “ripoff.”
By Daphne Howland • Nov. 28, 2022 -
Senate mulls bill targeting online sales of counterfeits and stolen goods
The INFORM Consumers Act, which would require marketplaces to verify seller identities, was added to a defense spending authorization.
By Ben Unglesbee • Oct. 12, 2022 -
Shrink costs retailers over $94B in 2021: NRF
In response to shrinkage concerns, retailers expect to spend more on loss prevention and technology, a new NRF survey found.
By Tatiana Walk-Morris • Sept. 15, 2022 -
Amazon sues 10K Facebook group admins over fake reviews
The company stressed the need for collaboration between businesses, social media platforms and law enforcement to prevent fraudulent reviews.
By Tatiana Walk-Morris • July 20, 2022 -
Adore Me's uphill battle against fakes on Amazon
The DTC lingerie company says the e-commerce giant drags its feet because it wants the sales that counterfeiters provide.
By Daphne Howland • July 7, 2022 -
Firms tackle ballooning buy now, pay later fraud
In another sign of BNPL's skyrocketing popularity, companies that tackle fraud are rolling out tools to address risk related to the payment option.
By Caitlin Mullen • March 1, 2022 -
Citing store theft, 20 major retail CEOs call for Congress to pass marketplace transparency legislation
Millions of dollars worth of stolen goods are being sold online by hard-to-identify third-party sellers, according to the Buy Safe America Coalition.
By Daphne Howland • Dec. 10, 2021 -
Deep Dive
With omicron landing in the US, do retailers actually need the vaccine mandate?
The National Retail Federation won a stay against the government's plan to have big companies immunize or test their employees. That squanders a chance to thwart the pandemic, experts say.
By Daphne Howland • Dec. 6, 2021 -
Sponsored by Cybersource
Creating a balance: fraud prevention strategies and revenue optimization
With fraud losses totaling $7 billion in the U.S. and $30 billion globally, retailers must find ways to protect their bottom line from erosion while growing the top line through sales.
Oct. 11, 2021 -
Sponsored by Cash Connect
A smart decision to switch to smart safe solutions
As they grew, Bob's Stores needed to upgrade their cash management practices. Learn how they found efficiency through new systems.
By Kerry Williams • Sept. 27, 2021 -
Senators raise privacy concerns about Amazon One
Sens. Amy Klobuchar, Bill Cassidy and Jon Ossoff questioned the security of customer data and noted the technology raises additional anti-competitive concerns.
By Tatiana Walk-Morris and Cara Salpini • Aug. 17, 2021 -
E-commerce fraud prevention startup Forter raises $300M
The recent funding round, which the company will use to expand its global ecosystem, brings the company's valuation to $3 billion.
By Tatiana Walk-Morris • May 26, 2021 -
Deep Dive
RFID's e-commerce growth spurt
The need for visibility drove companies to invest in solutions for their complete supply chain while Adidas is using the technology to verify provenance.
By Deborah Abrams Kaplan • May 5, 2021 -
E-commerce fraud to surpass $20B in 2021, report finds
Behavioral biometrics and secured APIs can help rein in the rising fraud, according to a recent Juniper report.
By Vaidik Trivedi • May 3, 2021 -
Office Depot parent expects over $20M loss due to malware attack
CompuCom, a subsidiary of the ODP Corporation, disclosed the incident earlier in the month and estimates an additional revenue loss of up to $8 million.
By Tatiana Walk-Morris • Updated March 31, 2021 -
Retailers embrace Senate effort to fight fakes sold through marketplaces
Amazon, where the problem is acute, so far hasn't joined broad industry support of the bipartisan measure.
By Daphne Howland • Updated March 24, 2021 -
Will US lawmakers rein in marketplace counterfeits?
As retailers like Amazon try to police knockoffs, congressional bills aim to regulate online merchants to protect consumers and brands.
By Tatiana Walk-Morris • March 16, 2021 -
Sponsored by Planalytics
Boost sales by factoring in this everyday driver of demand
There is one very influential external variable that too many retailers are still ignoring – the weather.
Feb. 22, 2021 -
Amazon, Salvatore Ferragamo sue alleged counterfeiters
The e-commerce giant has recently teamed up with other brands in court to tackle knockoff sellers.
By Tatiana Walk-Morris • Feb. 12, 2021 -
Organized retail crime costs retailers nearly $720K per $1B in sales: NRF
Though retailers want stricter laws to address the problem, they're also investing more in tech to combat organized criminals themselves.
By Tatiana Walk-Morris • Jan. 6, 2021 -
Vendor ransomware attack disrupts DSW's inventory management
The impact of cyberattacks on retailers and their vendors is even greater during this digital-first period brought on by the coronavirus pandemic.
By Emma Cosgrove • Dec. 10, 2020