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Report shows theft is costing the retail industry $100 billion. ... October 23, 2023 at 6:30 AM ... Associated Press Finance.
Two women in Pennsylvania have been arrested on charges of stealing nearly $3,500 in roast beef and other items from the Arby’s where they worked.. Officials have filed felony theft charges ...
The National Retail Federation estimates that retailers lost $40.5 billion to external theft, including organized retail crime, in 2022. That represented about 36% of total inventory losses ...
Retailers suffered more than $112 billion in losses due to shrink last year alone, according to the National Retail Federation, putting the bust at just 0.00125% of the year's total.
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% ...
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 ...
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.
The CHP did provide arrest statistics, which reveal that out of the 1,126 arrests made by the Organized Retail Crime Task Force as of early October, more than half (684) were cite-and-releases ...