Target has announced its first quarter 2023 financial results, where it predicted this year’s profitability will be reduced by $500 million more than last year because of shrink. The company lost as much as $800 million from inventory shrink in 2022.
After years of efforts and collaboration, the Minnesota Retailers Association’s ORC Definition Bill has passed through the legislative process and was signed by the governor.
New York City Mayor Eric Adams has released a new plan in an attempt to combat retail theft across New York City’s five boroughs. Many are worried it won't be enough.
Sign up for this ECR Retail Loss webinar where retail experts delve into the findings of a research project on retailers closing stores due to high risk.
Slower-but-continued growth in gross domestic product and other economic indicators during the first quarter of NRF's Monthly Economic Review showed inflation control challenges.
Download this 34-page special report from Loss Prevention Magazine about types and frequency of violent incidents, impacts on employees and customers, effectiveness of tools and training, and much more.