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Shoplifting affects all of us with higher prices and lowered availability, but more retailers than ever have a new tech tool this year to help them fight back. Retailers have a new tool to help ...
They blame shoplifting and organized groups stealing merchandise from stores to resell online for the rise in shrink. (Shrink also includes employee theft, damaged products, administrative errors ...
A year ago, America’s stores declared a shoplifting epidemic. They closed stores in major cities, hired extra security, locked up key merchandise and declared big losses in their financial ...
Shoplifting is the largest single reason for loss of merchandise. [30] Retailers report that shoplifting has a significant effect on their bottom line, stating that about 0.6% of all inventory disappears to shoplifters. According to the 2012 National Retail Security Survey, shoplifting costs American retailers approximately $14B annually. [31]
Shopkeeper's privilege is a law recognized in the United States under which a shopkeeper is allowed to detain a suspected shoplifter on store property for a reasonable period of time, so long as the shopkeeper has cause to believe that the person detained in fact committed, or attempted to commit, theft of store property.
CHICAGO — Shoplifting rates in the three largest U.S. cities — New York, Los Angeles and Chicago — remain higher than they were before the pandemic, according to a report last month from the ...
A store detective (also known as Asset Protection Investigator, undercover shopper, Loss Prevention Detective, and Asset Protection Specialist) is a member of loss prevention whose main role is to prevent and detect theft (commonly known as shoplifting) and reduce shrink in retail outlets. [1]
A California initiative to once again make shoplifting a felony for repeat offenders is developing into a contest over whether the state's Democrats are tough enough on crime to hang on to their ...