A 17-year-old in Shanghai filed some 12,000 bogus return requests after discovering a flaw in one cosmetics shopping platform’s returns process. Then he turned it into over half a million dollars. The ...

A 17-year-old in Shanghai filed some 12,000 bogus return requests after discovering a flaw in one cosmetics shopping platform's returns process. Then he turned it into over half a million dollars. The ...

Data from Happy Returns, a UPS-owned reverse logistics company, shows that nearly one in every 10 retail returns in the United States involves fraud. Retailers now lose an estimated $76.5 billion a ...

Retailers are bracing for a record wave of merchandise boomeranging back to stores and warehouses, with returns expected to approach $850 billion in value this year. At the same time, a growing share ...