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  2. Shoplifting - Wikipedia

    en.wikipedia.org/wiki/Shoplifting

    Shoplifting (also known as shop theft, shop fraud, retail theft, or retail fraud) is the theft of goods from a retail establishment during business hours. The terms shoplifting and shoplifter are not usually defined in law, and generally fall under larceny .

  3. Retail loss prevention - Wikipedia

    en.wikipedia.org/wiki/Retail_loss_prevention

    A uniformed retail loss prevention employee for Target. Known as a Target Security Specialist . Retail loss prevention (also known as retail asset protection) is a set of practices employed by retail companies to preserve profit. [1] Loss prevention is mainly found within the retail sector but also can be found within other business environments.

  4. Home Depot's organized crime bust shows how hard it is to ...

    www.aol.com/finance/home-depots-organized-crime...

    "Shrink," or retail theft, is a billion-dollar problem for the retail industry. And unlike the popular culture image of a teen shoplifter looking for a rush, the real culprit is often organized ...

  5. Property crime - Wikipedia

    en.wikipedia.org/wiki/Property_crime

    Theft of cash is most common, over everything else, followed by vehicle parts, clothing, and tools. [2] In 2005, only 18% of reported cases of larceny/theft were cleared in the United States. [6] Shoplifting is a specific type of theft, with products taken from retail shops without paying.

  6. Target CEO hopes the company will eventually remove locked ...

    www.aol.com/finance/target-ceo-hopes-company...

    Target is trying to thread the needle as it combats retail's long-running problem: store theft."I feel so much better today than I did a year ago," Target CEO Brian Cornell said in an interview ...

  7. AI is helping retailers fight back against organized theft - AOL

    www.aol.com/finance/ai-helping-retailers-fight...

    Preventing retail theft before it happens — it sounds like a fairy tale, but artificial intelligence could make it a reality. Videos and images of organized "smash-and-grabs" at stores and malls ...

  8. Organized retail crime - Wikipedia

    en.wikipedia.org/wiki/Organized_retail_crime

    However, the National Retail Federation (NRF) said that same month that the effect of theft on retailers’ bottom lines was about the same as in previous years, with total retail shrinkage at $112 billion in 2022 (1.55% of sales), up from $93.9 billion (1.44% of sales) in 2021. External theft, including organized retail crime, represented 36% ...

  9. Costco is winning the war against retail theft, boasts it's ...

    www.aol.com/finance/costco-winning-war-against...

    Major U.S. retailers collectively lost a whopping $112 billion because of crime last year, according to a recent report from the National Retail Federation (NRF). But Costco (NYSE:COST) isn’t ...