Now that holiday shopping is behind you, you’ve probably noticed that the season of gift returns has begun. About 23 percent of returns happen in late December and January after holiday gift exchanges, according to research cited in an article by The Washington …
Read More »Kate Klein
Fraud Costs Multiply for Retailers
Retailers lost more than $3 per stolen dollar stolen in 2014, according to recent research. The cost of dealing with fraud, including stolen merchandise, bounced checks and unauthorized credit card transactions, came at a price of $3.08 per dollar stolen this …
Read More »Former Home Depot Exec Gets International Award
A former executive from The Home Depot is being honored with the 2015 Global DIY Lifetime Award. Jim Inglis, who worked as executive vice president for Home Depot from 1983 to 1996 and served on the retail giant’s corporate board …
Read More »Five Holiday Loss Prevention Tips
The National Retail Federation offers the following loss-prevention tips for retailers during the holiday shopping season, which includes the days after Christmas when customers are spending their holiday cash and gift cards: Have your experienced staff members team up with …
Read More »There’s Holiday Shopping Left To Do
In the three days before Christmas and following, Americans expect to have holiday shopping left to do. About 20 percent of consumers thought they would still be doing some Christmas shopping during the two days before Christmas, on Christmas Day and after the holiday, …
Read More »USA Today Honors Founder of Home Improvement Website
USA Today named the founder of a home improvement data website its first Entrepreneur of the Year. Editors from the publication chose to honor Porch.com founder Matt Ehrlichman, who started the website in 2013 as a tool for homeowners to find home improvement research …
Read More »Retailers Expect to Lose $3.8 Billion on Holiday Return Fraud
Retailers expect to lose nearly $4 billion this holiday season due to stolen merchandise being returned to stores, according to a recent survey. The National Retail Federation surveyed grocery, department, discount, specialty and small retailers to predict the loss of $3.8 billion to individual people …
Read More »Builder Confidence Staying Steady
Builder confidence is staying steady, and that consistency showed up in data this month from the National Association of Home Builders. “After a sluggish start to 2014, the (Housing Market Index) has stabilized in the mid-to-high 50s index level trend for the past six …
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