Retailers get savvier to stamp out return fraud

12/25/2012 | Tampa Bay Times (St. Petersburg, Fla.)

U.S. consumers are expected to return about $62.7 billion worth of goods this holiday season, with Wednesday likely to be a big day for returns. Retailers expect to see about $8.9 billion in return fraud this year, $2.9 billion of it this time of year, according to NRF, numbers that have many merchants putting stricter policies in place.

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Tampa Bay Times (St. Petersburg, Fla.)

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