Tag Archives: organized retail crime

NRF’s organized retail crime survey emphasizes the scope of this pervasive criminal activity on the retail industry. The ninth annual survey of senior retail loss prevention executives revealed that eight in 10 believe that ORC activity in the United States has increased over the past three years. One aspect our survey can’t cover: Putting a […]

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As cases grow more severe, organized retail crime is gaining attention and notoriety across the country. With more high-profile cases being covered in the media, the increasing frequency of arrests, and data from studies like NRF’s Organized Retail Crime Survey, it’s clear that this issue isn’t fleeting or shrinking in complexity. For years, retailers and […]

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The adage “there is no ‘I’ in team” certainly applies to retail. Analysts crunch data to find sales trends that drive the development of merchandise for design teams. But in retail loss prevention, these teams often stretch beyond internal resources. When it comes to building a cohesive organized retail crime action plan, creative partnerships are […]

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In NRF’s ninth annual Organized Retail Crime (ORC) survey, eight in 10 respondents said ORC has increased in the past three years, and 90 percent said they have been victims of it. And with ORC on the rise, more retailers and law enforcement are joining forces to fight it. Across the country, organized retail crime […]

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The variety of issues that retail loss prevention professionals face range from shoplifting to return fraud, but no issue has grown as significantly in the past few years as organized retail crime. This is shown in the results of NRF’s ninth annual ORC survey, which found for the third consecutive year that 90 percent of […]

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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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Over the past few weeks, we’ve shared how the best loss prevention professionals in the industry would be in New Orleans in June to learn best practices in the space and what’s new in technology. It seems the well-known retail criminals didn’t get the memo. On Monday night of NRF’s Loss Prevention Conference, CVS’s National […]

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Boosting and fencing. To some this sounds like recreational activities or sport. In the loss prevention world, these terms are all too common in understanding the complex road stolen merchandise travels in the hands of criminals. CVS/Caremark’s Tony Sheppard was joined by the Senior Assistant District Attorney in Fulton County, Atlanta Sharla Jackson and Kebharu […]

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There’s been plenty of press in recent years chronicling the epidemic that is organized retail crime. But how do habitual retail crimes affect the industry, retail employees and customers beyond dollars and cents? At Wednesday afternoon’s breakout session Habitual Offender: Beyond Apprehension, loss prevention executives from GAP and CVS Caremark discussed the resonating effect habitual […]

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“Cargo at rest is cargo at risk,” said Maurizio Scrofani, Supply Chain Security Expert at this afternoon’s seminar on Best Practices for Preventing Cargo Theft, as the other panelists nodded in agreement. The FBI estimates cargo theft amounts anywhere between $15 to $30 billion dollars a year. And though that estimate is quite broad, it’s […]

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