Retail fraud occurs in a myriad of ways and can be difficult to track and measure. A study from the National Retail Federation reports $61.7 billion in shrinkage in 2019 ֠and those numbers are on the rise.ࠅach retailer will face some form of fraud, and trends in retail fraud will vary. As such, you must be educated and vigilant in understanding the fraud trends yourࠢusiness faces, and be prepared to pivot if a new trend emerges. In this post, we discuss common trends of internal and external retail fraud, and how retailers can prevent and address them. The post Understanding Retail Fraud: Types, Causes, and Preventative Steps to Take appeared first on Vend Retail Blog