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Organized retail crime (ORC) refers to professional criminal enterprises ranging from regional gangs to international crime rings and other organized crime focussing on retail environments. Operations include truckjacking , shoplifting , smash and grab , cargo theft , and cargo diversion.
Shoplifting (also known as shop theft, 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 .
At issue is a particular type of store theft that loss prevention experts classify as “organized retail crime” or ORC. This isn’t a crime of need where an individual grabs an item or two ...
In recent months reports and viral videos of varying degrees of theft — including smash-and-grab heists by groups in luxury boutiques — have catapulted the issue to the forefront.
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.
And this year's weak economy is making the fight against shoplifting only more difficult. Retailers lost $36.3 billion to Shoplifting rings and weak economy spur retail theft
In Charles Dickens' 19th-century story Oliver Twist, Fagin (far left) is a fence who recruits homeless boys and trains them as pickpockets.. A fence, also known as a receiver, mover, or moving man, is an individual who knowingly buys stolen goods in order to later resell them for profit.
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]