The scale of e-commerce fraud is accelerating at an alarming rate, powered by Gen AI, human trafficking and the exploitation of new targets, according to a report from commerce protection provider Signifyd. Signifyd’s “State of Fraud and Abuse 2024”...
Many retail workers are worried about safety issues when they’re on the clock, an inaugural Retail Worker Safety Report from Motorola Solutions determined. A large proportion of retail workers and managers perceive safety incidents at their stores as rising, Motorola...
Despite announcements of store closings, particularly in the New York City and Chicago markets, TJX Corp. continues to add locations in the United States and worldwide. Some adjustment of retail strategy at TJX is evident, including its recent decision to end...
Target is closing nine stores across four states effective October 21 because theft and organized retail crime are threatening the safety of staff and employees, the company has announced, citing it as a contributing factor to unsustainable business performance. The...
With incidents of retail crime escalating throughout the United States and associated financial losses mounting for store operators, the National Retail Federation reported shrink in 2022 rose to $112.1 billion, up from $93.9 billion in 2021. As detailed in the 2023...
