Appriss Retail

From wardrobing and price switching to empty box scams and claims fraud, bad actors are exploiting return policies like never before. The good news? Retailers are fighting back with AI-driven solutions, dynamic return strategies, and data analytics to detect and prevent fraud in real-time. Understanding the most common types of return fraud and implementing effective prevention strategies is crucial for retailers to safeguard their business. Read more: https://hubs.li/Q03dL7Kz0

Retail losses go beyond just theft—inefficiencies, waste, and fraud account for up to 80% of shrink in some industries. Are you taking the right steps to protect your profitability? ?? Our Total Retail Loss Playbook outlines a six-step strategy for identifying loss drivers and optimizing operations with data-driven insights. Free Download: https://hubs.li/Q03dypTP0

C-store retailers, it’s time to rethink shrink prevention. Traditionally, convenience stores have focused on theft and retail crime as their primary shrink concerns. But as profit margins tighten, leading operators are expanding their approach, factoring in losses from food waste, supplier fraud, markdown abuse, and more. In a new article with Convenience Store News, Kathleen Garner (Appriss Retail) explores how c-stores can take a comprehensive approach to shrink, leveraging AI and retail analytics to detect patterns, track losses, and protect profitability. ?? How are c-stores tackling total retail loss? Read more here: https://lnkd.in/earRpiGU

$103B lost to return fraud and abuse—How much is your business losing? ?? Retailers are facing a 15% surge in fraudulent and abusive returns, costing the industry billions. Grab the full report and protect your bottom line: https://hubs.li/Q03db3x30

?? Retail crime is evolving, but so is the tech to stop it. Our very own Pedro Ramos spoke with Sourcing Journal about how AI is transforming loss prevention by identifying bad actors in real time while protecting good customers. Read more ?? https://hubs.li/Q03c-6300

Return fraud and abuse from online and digital purchases are draining $19 ?????????????? from retailers’ bottom lines. Are you prepared to fight back? At #NRF2025, Pedro Ramos (Appriss Retail) and Jeff Otto (Riskified) took the stage to uncover how fraudsters exploit in-store, #BORIS, and #BORO return channels and shared strategies to plug the profitability leak. If you missed the session, don’t worry! You can still view it online: https://lnkd.in/e67HUMUM

Retail return fraud is escalating, with $103 billion in losses linked to fraudulent returns and claims in 2024. From wardrobing and price switching to claims fraud and empty box scams, bad actors are exploiting return policies at an alarming rate. The good news? One-size-fits-all return policies are a thing of the past. Retailers are turning to AI-driven solutions, dynamic return strategies, and data analytics to fight back. Our latest blog breaks down 8 common types of return fraud and the strategies retailers need to stay ahead in 2025: https://hubs.li/Q039ZyzN0

Exciting News! ?? We’re thrilled to announce that we have been shortlisted for the Retail Systems Awards 2025 in the Fraud Prevention Solution of the Year category! ?? This recognition highlights our commitment to helping retailers combat fraud, protect customer data, and enhance security across all channels. A HUGE thank you to our team, partners, and customers who make this possible! Stay tuned. Winners will be announced in June! ?? https://hubs.ly/Q03cm4fZ0

We’re proud to sponsor Swing for Certification 2025, supporting the LPC & LPC Bob MacLea Scholarship Program and the Loss Prevention Benevolent Fund (LPBF). ?? This incredible event, hosted by The Loss Prevention Foundation, is the perfect opportunity to connect with industry professionals while giving back to the LP community. Learn more below! ??

Retail crime is changing, but smarter solutions are available to stay ahead. Generative AI is transforming loss prevention, empowering LP teams to analyze data faster, uncover ORC connections, and maximize ROI like never before. See how #GenerativeAI can help you stay ahead of retail crime: https://hubs.li/Q03bYJhZ0