With 93 locations in 19 states and a trajectory of continued growth, national retailer Gordmans wanted to ensure that its loss prevention strategy was able to keep pace.
The National Retail Federation announced a multimillion-dollar investment to form a new department within the organization focusing on industry research.
As the mobile commerce channel continues to surge, a new study finds that merchants are not keeping pace with growth when it comes to fraud and mobile payment adoption.
In an open letter to Barack Obama the National Retail Federation said it outlines achievable solutions that industry must work toward to better protect customers, empower its retail members and effectively safeguard America’s cyberspace against criminal hackers.
Shrink, comprised of shoplifting, employee or supplier fraud and administrative errors, cost the global retail industry more than $128 billion last year, $42 billion in the US alone, according to the latest Global Retail Theft Barometer.
