A male shoplifting suspect has been coming into Store 153 three times a week for as long as anybody can remember. Store management has even attributed this guy as a major cause of the store’s shrink woes that have put them on the corporation’s “target store” list for the last Read More
Tag: retail theft statistics
Loss prevention and retail industry professionals have a responsibility to stay informed about the latest retail theft statistics. This post provides a snapshot of what retailers currently face when it comes to loss and theft.
Inventory shrinkage refers to the difference between the merchandise a retailer shows in its records Read More
By Jack Trlica
The 2017 National Retail Security Survey (NRSS) input form is now available for retailers to provide shrinkage and other loss prevention benchmarking data. Dr. Richard Hollinger, professor emeritus at the University of Florida and consultant to the National Retail Federation (NRF) who sponsors the survey, said, “I strongly encourage all Read More
Does Concealment = Shoplifting?
In most states, intent is the driving factor in determining whether to charge a shoplifter.
It is a common misbelief among shoplifters that an individual must exit the store with unpurchased merchandise before being civilly liable for statutory civil damages.It is also a common misbelief among those shoplifters Read More
This magazine launched a comprehensive new digital technology platform last year that offers our digital subscribers a wide array of compelling daily content. Our “Breaking News” content highlights the stories and critical events that affect the industry on a daily basis, sorting through the mountain of available news to bring Read More
There are many different ways that retail theft statistics can be applied in order to show how the many different ways that shoplifting, employee theft, and other forms of retail loss can impact a retail enterprise. But how are retail theft statistics really used, and what numbers are truly most Read More
Have you ever wondered what a shoplifter is truly thinking?
According to the latest retail theft statistics, the 2015 National Retail Security Survey reported shoplifting accounted for nearly 38 percent of the reported shrink last year — by far the greatest contributing factor to retail loss in the survey.
But shoplifting is Read More
By LPM Admin
Losses from retail theft have presented a major challenge for Portland, Oregon retailers in recent weeks. After receiving a tip from an informant that a North Portland convenience store was serving as a front for criminal operations, the Fred Meyer loss prevention team, in conjunction with the Northwest Organized Retail Read More