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Stockreport

AI takes on return fraud as holiday returns surge [FOX News]

Ulta Beauty, Inc. (ULTA)  More Company Research Source: FOX News
Last ulta beauty, inc. earnings: 3/12 04:03 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.ultabeauty.com/overview/default.aspx
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 year to the problem. To slow those losses, Happy Returns, which specializes in boxless in-store returns for online purchases, is testing a new artificial intelligence tool that flags fraudulent returns before refunds go out. Get my best tech tips, urgent security alerts, and exclusive deals delivered straight to your inbox. Plus, you'll get instant access to my Ultimate Scam Survival Guide - free when you join my newsletter How return fraud works in the real world Return fraud often looks harmless on the surface. A shopper requests a refund for a legitimate item. Instead of sending back the real product, they ship something cheaper, damaged or completely different. Retailers often issue refunds before anyone inspects the item. That speed allows fraud to slip through and drives up cos [Read more]
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Stockreport

AI takes on return fraud as holiday returns surge [FOX News]

Ulta Beauty, Inc.  (ULTA) 
More Company Research Source: FOX News
Last ulta beauty, inc. earnings: 3/12 04:03 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.ultabeauty.com/overview/default.aspx
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 year to the problem. To slow those losses, Happy Returns, which specializes in boxless in-store returns for online purchases, is testing a new artificial intelligence tool that flags fraudulent returns before refunds go out. Get my best tech tips, urgent security alerts, and exclusive deals delivered straight to your inbox. Plus, you'll get instant access to my Ultimate Scam Survival Guide - free when you join my newsletter How return fraud works in the real world Return fraud often looks harmless on the surface. A shopper requests a refund for a legitimate item. Instead of sending back the real product, they ship something cheaper, damaged or completely different. Retailers often issue refunds before anyone inspects the item. That speed allows fraud to slip through and drives up cos [Read more]
IMPACT SNAPSHOT
EVENT TIME:
ULTA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS