This is a news story, published by CNBC, that relates primarily to Optoro news.
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retail fraud soarsCNBC
•74% Informative
"Wardrobing," in which a shopper wears an expensive item, wears it with the tags on, and then returns the item for a refund, picks up as shoppers bolster their closets for summer vacations.
Swearwear alone makes up between 5% and 15% of returns, according to Optoro data.
The challenge for retailers is handling the items when they come back upstream.
Optoro customers' top three categories returned were kitchen and dining, men's shoes and women's clothing.
Clothing leads the return category at a 25% rate, followed by bags, accessories and shoes.
The average value of a returned item for Optoro 's customers is $ 85 .
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