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Combat the Growing Cost of Return Fraud

return fraud

Return fraud is a growing cost for retailers, according to the National Retail Federation (NRF). Recent research from the trade association shows that the average loss per return fraud incident is $1,766. That amount is higher than the average loss …

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Walmart to Cut 1,000 Corporate Jobs

Walmart

Walmart is planning to slash more than 1,000 corporate jobs this month, The Wall Street Journal reports. The news comes shortly after the big-box retailer announced plans to raise its hourly minimum wage and close 63 Sam’s Club locations. “We’ve …

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NRF: 2017 Holiday Sales Exceed Expectations

2017 holiday sales

The National Retail Federation (NRF) says increased wages, consumer confidence and strong employment contributed to holiday sales that exceeded expectations in the final two months of 2017, the organization reports. According to NRF data, sales in November and December were …

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NRF 2018: Annual Show Highlights Retail Today, Tomorrow

NRF 2018

Thousands of people from around the world gathered in New York this weekend at the National Retail Federation’s (NRF) annual industry event to focus on the ever-changing retail landscape and how retailers can keep up. The trade association’s 107th annual …

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