National Retail Federation

Retailers are using AI to detect return fraud, such as label swapping and wardrobing, as fraud rates rise to 9%. Companies like Happy Returns, Narvar, and Loop employ AI to analyze return patterns and automate fraud prevention, improving efficiency in reverse logistics.

Investigators in Illinois recovered $1.3 million worth of stolen data center supplies, including copper wire and infrastructure equipment, from a Chicago-area truck yard. The trailers had been reported stolen in Florida and Alabama, highlighting a growing trend of cargo thieves targeting data center construction materials.

Minnesota families are planning back-to-school shopping earlier due to rising prices and demand. National data shows families expect to spend an average of $922 this year, with 47% planning to spend more than last year. Parents are using AI tools for shopping and allowing children to influence purchases, while experts note increased costs driven by classroom technology and social pressures.

The retail trade added nearly 22,000 jobs in April, accounting for about one-fifth of total job growth, despite warning signs from consumers. This hiring spree indicates a positive trend in the retail industry. However, consumer behavior suggests potential caution.

Americans are expected to spend a record $38 billion on Mother's Day, despite 'momflation' pushing up costs of flowers, brunch, and gifts. Consumers are becoming more selective and strategic in their spending, seeking out promotions and lower-priced products. The National Retail Federation reports a significant increase in consumer spending for the holiday.

Cocoa prices have dropped significantly from 2024-2025 highs, but Easter chocolate prices remain elevated due to delayed price adjustments by manufacturers. Consumers are set to spend $24.9 billion on Easter 2026, with chocolate costing 14% more year-over-year despite lower cocoa costs.