Kimberly Sutherland, Author at Total Retail

October 22, 2018 Surging Fraud Expenses Eat Into Retailers’ Bottom Lines

Is retail fraud a runaway train that can’t be stopped or slowed down? According to the 2018 LexisNexis True Cost of Fraud™ Study, the cost for each dollar of fraud losses has risen 6 percent from last year, all the way to $2.94. In fact, this cost has grown 31 percent since 2015. It just…