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After Christmas, shoppers visited the stores in the Arena Hub Plaza in Wilkes-Barre Township.Customers shopped various deals at Target, Best Buy, and Old Navy.S
Shoplifting happens all year long, but even more so around the holiday season.In fact, data from Capitol One shows that in 2022 retailers in Alabama lost more
shopping experience. i thought the last line was an understatement. recent headlines foot locker spirals. stock spirals at inventory again increased theft related shrink. that stock is down 37% this year. due to elevated shrink. dollar general spending 100 million trying to spike up the stores. this is interesting. they will become a digital first retailer. how does it impact main street? you close down the job and become digital only. maybe hire security but still have the cities that won't allow you to prosecute or push back. another thing, five steeps of shrink. shoplifting, return fraud. vendor fraud and employee theft. some are also being enhanced because of this. when people see videos of people stealing. companies are talking about employees are stealing more. return theft is up.
Return fraud is a direct sale fraud issue that is on the rise. Learn how to minimize its impact and prevent it from becoming an issue for your business.
to steal the election with a made-up slate of electors. maybe that's how you say, vote fraud if you speak newsmax but there is no alternat competitive slate of electors. there's a state biden won, there's a lawfully certify the electors and then there's these guy coming in doing fraud. everyone knew biden won in the streets. so how would sending in that fraud or that would -- return fraud or imagin electors in michigan i pennsylvania, how does tha actually help trump stay i office we have not got into tha tonight. and much of the coverage has not got to that i'm gonna do it for you now the special report it's part of the criminal case and it's what doj needs to decide this new report makes the trut point that the plotters did no think sending around elector fraud would magically delive trump to win having a bunch of made-up -- could drive the chaos -- this is all weeks before trump was pushing the january 6t
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tougher? >> yes, because of return fraud. people trying to figure out how to get a different price for something. they have gotten more stringent. and you heard of restocking fees, especially for electronics, restocking fees. maybe the company will charge a little because they've had to adjust inventory because you bought something and then returned it. i mean, just always make sure you get a gift receipt for the gifts you're going to give and keep receipts as much as you can. >> say you didn't get everything you wanted, or say you didn't get everything on your list for other people, is now a good time to still go shopping, or do prices tick back up? >> this is a great time. there will be a lot of really great sales here because you're going to see all these retailers trying to adjust inventory. clothing, apparel, this is a great time for apparel. sometimes you're having a hard time finding sizes, but when you return to stores, great deals. holiday decor, 75% off. video games, a good time, and electronics. those are the best deals. i will caution everybody, when you're going to return your
>> not forever, but they will give more time. what it somebody bought you this gift back in november, right? >> right. >> so you want to make sure that you keep as much of the details as you can together. >> have return policies become tougher? >> yes, because of return fraud. people trying to figure out how to get a different price for something. they have gotten more stringent. and you heard of restocking fees, especially for electronics, restocking fees. maybe the company will charge a little because they've had to adjust inventory because you bought something and then returned it. i mean, just always make sure you get a gift rooeeceipt for t gifts you're going to give and keep receipts as much as you can. >> say you didn't get everything you wanted, or say you didn't get everything on your list for other people, is now a good time to still go shopping, or do prices tick back up? >> this is a great time. there will be a lot of really great sales here because you're going to see all these retailers trying to adjust inventory.
so just christmas is going to be stretched out a little bit in some households. >> it's a good thing, right? >> right. margaret conley, thanks so much. merry christmas. perhaps you received a gift on time but it's not the one that you wanted or not the perfect fit. >> reporter: it's not over at the malls yet. after the holiday shopping rush comes the holiday return dash. not every gift is a perfect fit, and stores understand that. still, many retailers have adopted stiffer return policies that many consumers encounter only once per year. return fraud can be costly for stores to the tune of almost $9 billion per year according to the national retail federation. of that total, stores will lose an estimated $3.39 billion just during the holiday season. it's become even more crucial for consumers to read the fine print on a gift receipt before heading to the store. consumer reports suggests