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Ferguson said organized retail crime cases are inherently complex to investigate and prosecute, especially for local agencies with limited resources, so public-private partnerships are a necessity.
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 ...
Preventing retail theft before it happens — it sounds like a fairy tale, but artificial intelligence could make it a reality. Videos and images of organized "smash-and-grabs" at stores and malls ...
Organized retail crime rose by 2023, when Nordstrom, [7] Macy’s, and Old Navy [8] all publicized major organized shoplifting activity. Target claimed in September 2023 that theft and organized retail crime helped drive its $500 million decrease in annual profits. Some store branches of major chains were closed. [9]
The California mom who pleaded guilty to running an organized retail crime ring that stole millions of dollars in beauty products from Ulta Beauty and Sephora to resell on Amazon will now have to ...
The task force was formed in 2019 and is dedicated to combatting the exploding prevalence of organized retail theft rings. Earlier this year, Gov. Gavin Newsom signed legislation to renew the ...
Akwele Lawes-Richards, 45, and Jadion Richards, 44, were each charged with organized retail theft. Richards accused store employees of racially profiling him, according to the complaint, but the ...
Organized retail theft, in which a group of people strategically and routinely steal from stores, has always been an issue in the retail industry. But what has changed is the public nature of some ...