Tag Archives: Organized Retail Crime survey

Nov02

Retailers continue to grapple with organized retail crime

By Kathy Grannis, NRF spokesperson | Published: November 2, 2012
Be the first to comment | Posted in Loss Prevention, Video

When it comes to looking at retail crime by the numbers, the statistics are staggering. Shrink – the loss of inventory due to employee theft, shoplifting, paperwork errors, or supplier fraud – cost retailers more than $34 billion in 2011, or more than 1.4% of their total sales, with shoplifting accounting for 35% of those [...]

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Jun13

How to make your ORC case a priority for law enforcement

By Margaret Case Little, Senior Director | Published: June 13, 2011
Be the first to comment | Posted in Events, Loss Prevention

Let’s get one thing straight: organized retail crime is not shoplifting. It’s a gateway crime that leads law enforcement to other criminal activity, like narcotics, counterfeiting, and weapons seizures. And that’s key when it comes to getting law enforcement involved in investigating, busting and prosecuting ORC cases. In this morning’s LP ’11 session on organized [...]

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Jan04

The big business you want to see fail

By Joe LaRocca, Senior Asset Protection Advisor | Published: January 4, 2011
1 Comment | Posted in Loss Prevention

Yesterday, Special Agent Eric Ives of the Federal Bureau of Investigation (FBI) published an article outlining the $30 billion-a-year industry called Organized Retail Crime (ORC). According to Ives, the organized retail theft of goods is a gateway crime that often leads the Bureau to major crime rings that use the illicit proceeds to fund other [...]

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