Loss Prevention & Security: Page 3
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Forever 21 data breach impacts over half a million people
An unauthorized third party accessed some of the retailer's systems between January and March. The company is offering identity theft services to those impacted.
By Xanayra Marin-Lopez • Sept. 7, 2023 -
Ulta says locked fragrance cabinets are helping sales
The cases, which are in about half of the beauty retailer’s stores, are reducing theft and keeping product in stock.
By Cara Salpini • Aug. 25, 2023 -
NRF launches digital risk, innovation center
Through the initiative, the trade organization will develop guidelines on key technology issues, including cybersecurity and digital fraud prevention.
By Xanayra Marin-Lopez • Aug. 7, 2023 -
Estée Lauder takes down some systems following cyberattack
ALPHV, the ransomware threat actor taking credit for the attack, threatened to reveal more information about the data it claims to have stolen from the cosmetics conglomerate.
By Matt Kapko • July 20, 2023 -
Deep Dive
Are retailers afraid of being ‘woke’?
Brand values, diversity efforts and customer loyalty are put to the test as extremists come for corporate America.
By Daphne Howland • June 20, 2023 -
New York AG says Target pulling Pride items was ‘wrong’
In a letter to CEO Brian Cornell, New York Attorney General Letitia James and 14 lawmakers urged “courage” in the face of rising attacks on LGBTQ+ rights.
By Daphne Howland • June 14, 2023 -
Target stores safe after a series of bomb threats
In Oklahoma City, messages reportedly invoked the 1995 domestic terrorist attack on the Alfred P. Murrah Federal Building.
By Daphne Howland • June 13, 2023 -
Deep Dive
How Target went from loud and proud — to silent
The mass retailer remained quiet after pulling Pride merchandise from some stores out of safety concerns. LGBTQ+ groups, human rights advocates and marketers say that sends the wrong message.
By Daphne Howland • June 5, 2023 -
Ulta to put fragrance behind locked cabinets in 70% of stores thanks to increased theft
The beauty retailer, with Q1 sales growth topping 12%, said it’s investing in security guards and police presence in parking lots to deter crime.
By Cara Salpini • May 26, 2023 -
NYC focuses on repeat offenders, social services to combat surge in retail theft
Just 327 serial shoplifters accounted for a third of the more than 22,000 retail theft arrests made in the city last year, officials said.
By Daphne Howland • May 18, 2023 -
When the mall is the target: The state of retail and mass shootings
Stores and malls are especially vulnerable to random attacks like the recent killing of eight people at the Allen Premium Outlets in Texas.
By Daphne Howland • May 11, 2023 -
Retrieved from HERMES INTERNATIONAL and HERMES OF PARIS, INC. v MASON ROTHSCHILD, U.S. District Court for the Southern District of New York on February 09, 2023Deep Dive
‘MetaBirkin’ NFT creator to appeal Hermès trademark verdict
A jury ruled against Mason Rothschild and his drawings of fur-covered luxury bags. His attorneys say the new technology doesn’t cancel the First Amendment’s protection of artwork.
By Daphne Howland • Feb. 10, 2023 -
Deep Dive
Grocers weigh the pros and cons of scan-and-go
Despite Wegmans’ decision to abandon the technology last year, other retailers continue to offer the convenience-focused service — and more are showing interest in it, industry officials said.
By Sam Silverstein • Jan. 25, 2023 -
Retrieved from Patagonia lawsuit v Gap Inc. filed at the U.S. District Court for the Northern District of California. on November 28, 2022
Patagonia demands injunction, damages over Gap fleece designs
The outdoor gear brand said it has previously warned Gap to stop copying its designs, which even one Gap customer flagged as a “ripoff.”
By Daphne Howland • Nov. 28, 2022 -
Senate mulls bill targeting online sales of counterfeits and stolen goods
The INFORM Consumers Act, which would require marketplaces to verify seller identities, was added to a defense spending authorization.
By Ben Unglesbee • Oct. 12, 2022 -
Shrink costs retailers over $94B in 2021: NRF
In response to shrinkage concerns, retailers expect to spend more on loss prevention and technology, a new NRF survey found.
By Tatiana Walk-Morris • Sept. 15, 2022 -
Amazon sues 10K Facebook group admins over fake reviews
The company stressed the need for collaboration between businesses, social media platforms and law enforcement to prevent fraudulent reviews.
By Tatiana Walk-Morris • July 20, 2022 -
Adore Me's uphill battle against fakes on Amazon
The DTC lingerie company says the e-commerce giant drags its feet because it wants the sales that counterfeiters provide.
By Daphne Howland • July 7, 2022 -
Firms tackle ballooning buy now, pay later fraud
In another sign of BNPL's skyrocketing popularity, companies that tackle fraud are rolling out tools to address risk related to the payment option.
By Caitlin Mullen • March 1, 2022 -
Citing store theft, 20 major retail CEOs call for Congress to pass marketplace transparency legislation
Millions of dollars worth of stolen goods are being sold online by hard-to-identify third-party sellers, according to the Buy Safe America Coalition.
By Daphne Howland • Dec. 10, 2021 -
Deep Dive
With omicron landing in the US, do retailers actually need the vaccine mandate?
The National Retail Federation won a stay against the government's plan to have big companies immunize or test their employees. That squanders a chance to thwart the pandemic, experts say.
By Daphne Howland • Dec. 6, 2021 -
Sponsored by Cybersource
Creating a balance: fraud prevention strategies and revenue optimization
With fraud losses totaling $7 billion in the U.S. and $30 billion globally, retailers must find ways to protect their bottom line from erosion while growing the top line through sales.
Oct. 11, 2021 -
Sponsored by Cash Connect
A smart decision to switch to smart safe solutions
As they grew, Bob's Stores needed to upgrade their cash management practices. Learn how they found efficiency through new systems.
By Kerry Williams • Sept. 27, 2021 -
Senators raise privacy concerns about Amazon One
Sens. Amy Klobuchar, Bill Cassidy and Jon Ossoff questioned the security of customer data and noted the technology raises additional anti-competitive concerns.
By Tatiana Walk-Morris and Cara Salpini • Aug. 17, 2021 -
E-commerce fraud prevention startup Forter raises $300M
The recent funding round, which the company will use to expand its global ecosystem, brings the company's valuation to $3 billion.
By Tatiana Walk-Morris • May 26, 2021