One of the most commonly held principles of shrinkage reduction, especially for shoplifting deterrence, is achieved by giving good customer service. This idea is predicated upon the assumption that if potential thieves enter the store, they will be deterred from stealing if sales associates quickly make contact with them by Read More
Tag: theft statistics
When a civil recovery request is made, many retail theft offenders assume that the request qualifies as an attempt to collect a debt and mistakenly believe that they are provided with the protections listed under the Fair Debt Collection Practices Act (FDCPA). Congress enacted the FDCPA in 1977 “to eliminate Read More
By Joseph Muha
As loss prevention professionals, we are all familiar with the nuts and bolts of running an investigation for a concealed shortage, cash register shortage, or a robbery. We have become the subject-matter experts with regard to merchandise or cash losses as well as developing an expanded role in safety.
One area 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
Loss prevention and retail industry professionals have a responsibility to stay informed about the latest retail theft statistics. This article 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
When I was a doctoral graduate student at the University of Minnesota during the late 1970s, I began conducting research on employee theft. At the time this was an area of criminology that was virtually unexplored. I found that it was hard to study this subject then, since few retailers Read More
From robbers attacking merchants on trading roads to pirates seizing ships at sea and even bandits on horseback robbing stage coaches, cargo theft has been around for centuries. Fast forward to today: trucks have replaced horse-drawn wagons, and today’s cargo theft perpetrators are often part of international crime syndicates. The 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
Recent employee theft statistics from the UK has seen a rise in so-called silver fraudsters – older, more senior employees willing to engage in criminal activity, according to one of the world’s most authoritative fraud reports.
According to the 2016 PwC Global Economics Survey, 55 percent of UK organizations have been Read More
Five residents of Miami-Dade County in Florida have recently been arrested in connection with a statewide organized cargo theft ring. An investigation by the Florida Attorney General’s Office, in conjunction with the Miami-Dade Police Department and local task forces, found that the suspects reportedly used a rental vehicle to travel Read More