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Tag Archives: ethics
Holiday Return Fraud Is Billions of Dollars
As we have noted before, customer fraud is a multi-billion headache for retailers. And return fraud is an especially tough issue with which to deal. Just for the 2013 holiday shopping season, it is estimated that by the National Retail … Continue reading
Who’s YOUR Hero? A Tribute to Mandela and Others
GREAT READING!!! Evans on Marketing With yesterday’s passing ofNelson Mandela, it is a good time to read the article “Why We All Need Heroes” byHitendra Wadhwa: “Steve Jobs, Mahatma Gandhi, Susan B. Anthony, or Nelson Mandela. Pick one, or another … Continue reading
Customer Fraud Comes in Many Forms: “Wardrobing” Is One of Them
Retailers are well aware that shoplifting and employee theft cost them billions of dollars a year in lost revenues just in the United States and well over $125 billion worldwide. But, the phenomenon of excessive customer returns seems to be … Continue reading
Posted in Part 3: Targeting Customers and Gathering Information, Part 5: Managing a Retail Business, Part 6: Merchandise Management and Pricing, Part 7: Communicating with the Customer
Tagged bad behavior, Bloomingdale's, ethics, fraud, merchandising, REI, shopping, theft, trends, wardrobing
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