Consumers returned nearly $900 billion worth of merchandise in 2024. Return fraud is on the rise and retailers are using ...
Fraud is eating into retail profits. A new startup called Pinch AI just launched with $5 million in funding to fight back.
Nearly half of shoppers in a recent survey admitted to some sort of "return fraud," and one estimate says nearly 1 in every 10 retail items returned for a refund is fraudulent. Josh Sidorowicz is In ...
Retailers lose billions of dollars due to return fraud each year, and some are now using AI in warehouses to spot potential ...
Return fraud and counterfeit goods surged in 2025, costing retailers billions. From wardrobing to fake products on ...
From fraud to phishing attacks to online fraud, tricksters are targeting entrepreneurs harder than ever. Here are the common ...
Forbes contributors publish independent expert analyses and insights. Shelley E. Kohan covers the retail industry and is based in New York. Happy Returns uses Return Bar locations at over 5,000 UPS ...
SAN FRANCISCO, Jan. 15, 2026 /PRNewswire/ -- Pinch, the AI-powered post-purchase intelligence platform that helps retailers reward loyal customers and prevent return fraud, announced a $5 million ...
A U.S. company is using AI to help in the growing fight against return fraud, with retailers estimating that one in nine ...
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