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- Return_fraud abstract "Return fraud is the act of defrauding a retail store via the return process. There are various ways in which this crime is committed. For example, the offender may return stolen merchandise to secure cash, or steal receipts and/or receipt tape to enable a falsified return. Return abuse is a form of “friendly fraud” where someone purchases products without intending to keep them. Perhaps the most well-known form of this abuse is “wardrobing” or “free renting” – in which the person makes a purchase, uses the product(s), and then returns the merchandise.The retail industry experiences a significant fraud and abuse problem, losing in the range of $9.6 to $14.8 billion per year, according to studies conducted by the National Retail Federation (NRF) and the Loss Prevention Research Council.[citation needed]The problem has historically caused retailers to raise prices for shoppers in order to offset the losses incurred from fraudulent returns. Alternatively, many stores have created stricter return policies such as “no receipt, no return” or imposed return time restrictions such as a 30-day limit on all returns that impact all shoppers.A certain percentage of returned merchandise must be marked down or discarded in order to sell the product. After being returned, out-of-season clothing may have to be placed on the sale rack, for example. Or retailers may be forced to discard returned lingerie for health reasons. The retail company also incurs restocking time from returns, which could be time an associate spends driving new sales revenue by assisting customers.".
- Return_fraud thumbnail Benidorm19.jpg?width=300.
- Return_fraud wikiPageExternalLink Story?id=6381593&page=1.
- Return_fraud wikiPageExternalLink word-of-the-day-returnaholic.
- Return_fraud wikiPageExternalLink index.htm.
- Return_fraud wikiPageExternalLink www.losspreventionresearchcouncil.org.
- Return_fraud wikiPageExternalLink www.nrf.com.
- Return_fraud wikiPageExternalLink modules.php?name=News&op=viewlive&sp_id=1472.
- Return_fraud wikiPageExternalLink modules.php?name=News&op=viewlive&sp_id=600.
- Return_fraud wikiPageExternalLink prweb3381674.htm.
- Return_fraud wikiPageExternalLink science?_ob=ArticleURL&_udi=B6VGN-4FHJGBR-1&_user=535898&_rdoc=1&_fmt=&_orig=search&_sort=d&_docanchor=&view=c&_searchStrId=1150883558&_rerunOrigin=google&_acct=C000027018&_version=1&_urlVersion=0&_userid=535898&md5=cb5fc1956d0bf48bf1add285e0389fdf.
- Return_fraud wikiPageExternalLink case-studies.jsp.
- Return_fraud wikiPageExternalLink index.asp.
- Return_fraud wikiPageExternalLink wp_TRE4006_return_fraud101.pdf.
- Return_fraud wikiPageExternalLink abstract?CRETRY=1&SRETRY=0.
- Return_fraud wikiPageID "23071365".
- Return_fraud wikiPageRevisionID "599764728".
- Return_fraud hasPhotoCollection Return_fraud.
- Return_fraud subject Category:Fraud.
- Return_fraud subject Category:Retailing.
- Return_fraud comment "Return fraud is the act of defrauding a retail store via the return process. There are various ways in which this crime is committed. For example, the offender may return stolen merchandise to secure cash, or steal receipts and/or receipt tape to enable a falsified return. Return abuse is a form of “friendly fraud” where someone purchases products without intending to keep them.".
- Return_fraud label "Return fraud".
- Return_fraud sameAs m.064qhs_.
- Return_fraud sameAs Q7317165.
- Return_fraud sameAs Q7317165.
- Return_fraud wasDerivedFrom Return_fraud?oldid=599764728.
- Return_fraud depiction Benidorm19.jpg.
- Return_fraud isPrimaryTopicOf Return_fraud.
