The Grim Upward Trajectory of Mobile Fraud Cases in 2017

Brick-and-mortar retail’s downward spiral appears to be accelerating. More than 8,600 retail locations will shut down this year, following the 5,077 that closed last year, based on data from Credit Suisse. Moreover, 2017 could surpass 2008 — the worst year for retail closures on record — when 6,163 stores shut down operations. However, unlike 2008, when overall consumer spending declined with the onset of a global recession — the worst economic downturn since the end of World War II — today’s shop killer is online commerce, notably sales made on…

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