Return fraud in the retail and hospitality sector is a massive problem for retailers, equating to around 33.9 billion U.S. dollars worth of merchandise in North America, and 93 billion U.S. dollars worldwide.
Cost of return fraud in the retail and hospitality sector in North America and worldwide in 2019
(in billion U.S. dollars)
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IHL Group. (June 2, 2020). Cost of return fraud in the retail and hospitality sector in North America and worldwide in 2019 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1143026/retail-and-hospitality-return-fraud-cost-worldwide/
IHL Group. "Cost of return fraud in the retail and hospitality sector in North America and worldwide in 2019 (in billion U.S. dollars)." Chart. June 2, 2020. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1143026/retail-and-hospitality-return-fraud-cost-worldwide/
IHL Group. (2020). Cost of return fraud in the retail and hospitality sector in North America and worldwide in 2019 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1143026/retail-and-hospitality-return-fraud-cost-worldwide/
IHL Group. "Cost of Return Fraud in The Retail and Hospitality Sector in North America and Worldwide in 2019 (in Billion U.S. Dollars)." Statista, Statista Inc., 2 Jun 2020, https://www.statista.com/statistics/1143026/retail-and-hospitality-return-fraud-cost-worldwide/
IHL Group, Cost of return fraud in the retail and hospitality sector in North America and worldwide in 2019 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1143026/retail-and-hospitality-return-fraud-cost-worldwide/ (last visited December 21, 2024)
Cost of return fraud in the retail and hospitality sector in North America and worldwide in 2019 (in billion U.S. dollars) [Graph], IHL Group, June 2, 2020. [Online]. Available: https://www.statista.com/statistics/1143026/retail-and-hospitality-return-fraud-cost-worldwide/
