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According to DuPage County State’s Attorney Bob Berlin, retail theft accounts for just over 40% of the total number of felony charges his office has handled since Black Friday, the day after ...
The scale of merchandise theft, Kubrin added, is sometimes overblown by a retail industry happy to pin its problems, which include market forces such as inflation and a shift to online shopping ...
Beyond the shocking images seen on news reports and social media, mentions of organized retail crime during retailer earnings calls increased by 43% between January and August of 2023, according ...
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 ...
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% ...
According to the National Retail Federation's (NRF) National Retail Security Survey, retail shrink was a nearly $100 billion problem for the industry as of 2021, the last year data was collected ...
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.
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 ...