Tuesday, February 10, 2015

New Retail Fraud Survey reports shrink up by 22.2% - Retail Knowledge | Retail Knowledge

New Retail Fraud Survey reports shrink up by 22.2% - Retail Knowledge | Retail Knowledge: "Launched this month at the Retail Fraud Show, the UK Retail Fraud Survey sponsored by Kount has reported that shrink levels have increased by over 22.2% in 2014, rising from 0.9% of sales last year to 1.1% this year. Other figures show that the major area of online loss remains, overwhelmingly, from the fraudulent use of credit cards (43%), followed again by third party fraud payment (15%)."



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