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The Biggest News in Loss Prevention: March 4 -March 11
Target CFO Says Theft Contributed to Hundreds of Millions in Lost Profits | NYPD's Latest Guidance Puts Retailers at Risk | New Law Could Slow Self-Checkout Growth
The 10 Biggest Retail Bankruptcies of 2020
More than three dozen retailers, including the nation’s oldest department store chain, filed for bankruptcy this year, marking an 11-year high.
Pre-pandemic, several of these...
Pay with Your Palm: New Tech for Brick-and-Mortar Retailers
Amazon on Tuesday announced new biometric technology that lets shoppers pay at physical stores by using their palms, its latest effort to develop a...
Four Brothers Arrested for $19M Online Retail Fraud Scheme
Four brothers were arrested in Rockland County (NY) after allegedly running a $19 million fraud scheme that targeted online retail giant Amazon.
The four men...
How Covid-19 Will Shape Holiday Retail Shopping in 2020
While Black Friday is still months away, a few predictions are safe to make now. Chief among them: For many households, consumers will be spending for the holidays no matter...
Retailers are Facing a $62B Problem That Has Nothing to Do with the Pandemic
Retail theft is surging to record highs, despite an expanded use of new technologies designed to catch thieves, according to a new survey.
Retailers' losses...
liquor Store Owner, 88, Explains Why She Shot Alleged shoplifter; ‘I’m Fed up’
Nashville liquor store owner May Boyce, an 88-year-old widow who stands 5-foot-3 and weighs 115 pounds, according to reports, got “fed up” of her...
Airport Police Bust Nationwide $200K Counterfeit; Refunding Operation
Spring Hill police teamed up with Airport police to bust a major counterfeit ring at the Nashville International Airport on May 31.
Spring Hill police...
Retail Employee Posts Photo of Her Bloody face after Alleged Customer Attack
It’s getting rough out there for retail workers during the coronavirus outbreak, a California woman wants the public to know. Earlier this month, Samantha...
ORC Ring Hit with $7M Penalty
Delaware Superior Court imposed $6.79 million in civil penalties against a Middletown pawn shop and its owners for hiring others to steal merchandise from...
