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Walmart in particular loses an estimated $3 billion every year due to theft, with the average theft costing the Arkansas-based retailer $200, as per a 2024 report by Gitnux.
Walmart Supercenters, first established in 1998, are cast in the same mold. Though supercenters average 187,000 square feet, Walmart’s Albany location is nearly 40% larger. That said, you’ll ...
In early 2008 in Florida, a single shoplifting investigation turned up a massive organized enterprise. Operating for at least five years, criminals had stolen up to $100 million in medicine, health and beauty goods. [15] Texas FBI agents pulled over a rental truck, leading them to $2.7 million in stolen assets. The goods included $1 million in ...
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 Virginia man was arrested after allegedly trying to steal more than $1,000 worth of items from a Walmart — right in front of dozens of cops who were at the store for a holiday event.
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.
Retail stores closing in urban communities, such as the Target store in East Harlem, have better alternatives to deal with shoplifting than closure, writes Keldy Ortiz. Opinion: Retail chains are ...
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