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Typically, ORC is reliant on a single entity, like an address, credit card or storeaccount that connects a complex crime ring across retail stores. What’s more, these scenarios are also becoming more blatant in recent months as fraudsters have raided and ransacked departmentstores.
Customer theft has long been recognised as retailers’ primary source of loss, accounting for about half of all crime-related losses. As a result, substantial investment and effort have been dedicated to this issue by LossPrevention (LP) teams.
This accounts for an average of 16.6 According to NRF, online sales accounted for $1.050 trillion of total U.S. Its performance-improvement solutions yield measurable results with significant return on investment among retail store, ecommerce, and inventory functions. percent of total U.S. The 2021 total rate of returns (16.6
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