Tag: returning stolen merchandise
Are Gift Card Scams Funding ORC?
As professionals in the retail space, it's our responsibility to keep up with the methods and tactics used by thieves when it comes to organized retail crime (ORC). These days, improving technologies equal potentially increased profits in the eyes of theft groups.
The Evolving Impact of Return Fraud and Abuse
The concept of the retail return is a relatively new phenomenon. In the mid- to late-twentieth century, retailers began accepting returned merchandise as an...
Retailers See Increase in Organized Retail Crime
Organized retail crime is continuing to grow, with 83 percent of merchants surveyed reporting an increase in the past year, according to the 12th...
National Retail Federation Survey Finds Organized Retail Crime Still Prevalent Across the Industry
Retail loss prevention executives have their hands full, and when it comes to the organized retail crime teams that wreak havoc on their stores,...
Finish Line is Winning Big with Big Data
Return fraud and abuse continues to cost retailers billions of dollars every year—$16 billion to be exact. But some retailers like Finish Line, a...
A Decade Later, Organized Retail Crime Still Major Problem for Retailers, According to NRF’s...
Retailers allocating more resources to combat ORC, Federal legislation still needed
A decade has passed since NRF first surveyed its community of loss prevention and...