Three-million offensesagainst UK retailers in 2014 racked up direct costs of £603 million ($913 million U.S.) in 2014 – while the number of in-store thefts fell by four percent, the value per incident climbed 36 percent.
Macys has launched a new line of luxury handbags, briefcases, and wallets that are integrated with fingerprint recognition, RFID blocking technology, and GPS technology.
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.
Only 45 percent of consumers have changed an online password or PIN code in the past year after learning of data breaches; 15 percent made fewer online purchases on mobile devices; and 28 percent shopped less frequently at a retailer that had suffered a data breach.
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.
Target Corp. appointed Jacqueline Hourigan Rice, a former General Motors executive, to be chief risk and compliance officer and a senior vice president.
Since 1955 McDonald’s has been proud to serve the world some of its favorite food. Along the way, McDonald’s not only lived through history, but created it: from drive-thru restaurants, to Chicken McNuggets, to college credits from Hamburger University and much more.
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