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Here’s How The Opioid Crisis Is Losing Retailers $9B A Year

PYMNTS

Major retailers such as Target, Home Depot, Walmart and Lowe’s have been forced to introduce stricter return, store credit and gift card policies in response to a troubling trend. Booth has been arrested twice for retail return fraud related to gift cards and is now in recovery from heroin and oxycodone addiction at Gateway with Smith.

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Big Tech Compliance Tracker: Tencent Says Big Tech Needs Greater Oversight; Group Seeks To Block Maryland Online Ad Tax

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Regulation. Tencent Holdings President Martin Lau said further regulations are needed in China to mirror a “new reality.”. As technology companies become bigger and more important to the economy, I would say more regulations to reflect the new reality are needed," Lau said, according to the report.

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Connecticut AG Launches Antitrust Probe Into Amazon’s eBook Business

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Our office continues to aggressively monitor this market to protect fair competition for consumers, authors, and other eBook retailers,” Mr. Tong said in a statement, per WSJ. A spokeswoman for Tong’s office told the Journal that Amazon is cooperating with the subpoena. The tech giant is also being probed by China.

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Georgia’s Push To Reopen Falls Flat As Consumers Stay Home

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began to get its early actual data (as opposed to theoretical predictions) as Alaska, Georgia, North Dakota, South Carolina, Tennessee and Texas and all began lifting some of the stricter parts of the social distancing regulations to allow slightly more social mobility, according to CNN. Retail President Leo Wiener told Bisnow. “I’ve

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Using Gift Cards To Buy Drugs: How Return Fraud Is Funding The Opioid Crisis

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Thieves simply walk into Walmart, Target, Home Depot, Lowe’s or another big-name retailer, steal an item, return it at a different store without a receipt and receive a gift card in return, which they can then turn around and sell to a pawn shop or secondary store for a lower price. Police and retailers are catching on to the issue.

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Walmart Curbs Opiate Prescriptions

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The decision is intended to both prevent fraud and reduce errors, the retailer said. The news comes as major retailers like Target , Home Depot , Walmart and Lowe’s have been forced to introduce stricter return, store credit and gift card policies in response to a troubling trend.

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How To Make Online Sports Gaming A Sure Bet For Payments, State Governments

PYMNTS

One overarching theme still remains, said Connors: “The battles that we had in the early days, to make it very clear how the transactions would be utilized, and to ensure that they comply with and fit all regulations — well, that has not changed.”. Regulation plays a key role in the orderly spread of legal wagering, Connors noted.

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