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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 .
"The protection of property rights is one of the things that underpins our free society and rule of law." Yost said retail theft often doesn't get the same level of priority for short-handed ...
Texas codified specific penalties for organized retail theft back in 2007 when the crime cost businesses an estimated $2.5 billion — but since then, the crime has only become more popular.
Some lawmakers have tied Proposition 47 to an increase in retail theft. Several have authored unsuccessful bills to repeal or change the law, in some cases lowering the felony theft threshold to $400.
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.
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]
Home Depot partnered with law enforcement to track and catch a criminal at the heart of organized retail crime. ... "Shrink," or retail theft, is a billion-dollar problem for the retail industry.
At the crux of the debate over the bills to curb theft and fentanyl abuse are diverging views of Proposition 47, a decade-old California law that downgraded some nonviolent drug and property ...