Home Depot is tackling retail crime head-on with physical security and technology powered by Bluetooth.
funding being cut in some U.S. cities and the opioid epidemic are all factors that have helped embolden bad actors to commit retail crimes.
"It just kind of boils down to there's an opportunity," he explained. "And I think that there's a certain group of folks out there, bad actors as we like to refer to them, that are seeing the consequences and the risk of even being caught doing any of these things are much lower than I would argue that they were five years ago."
One of the primary indicators for consumers to look out for when identifying counterfeit third-party sales are when a website lists products in bulk at a significantly cheaper price than the original retailer. "If you see something in our store that sells for $500 and you see it for $300 on a website, something's probably not legitimate with that transaction," Glenn warns. "I'm not saying that every single one of those would be an illegitimate transaction, but when it is done in bulk, when you have it in new and boxed product, things like that are real indicators for the consumer that this is probably not something that they want to be involved with.
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