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NRF Says Growth in Consumer Spending Is Slowing

Spending is slowing as the economy settles down amid higher interest rates intended to reduce inflation, according to the NRF.

Retail Sales Rose Sharply in July Amid Major Brand Promotions

Retail sales reversed their downward trend in July as Prime Day and major promotions by other brands prompted increased shopping while wage increases gave consumers more money to spend.

The Biggest News in Loss Prevention: August 5 – 11

$300K Worth of Product Stolen from Yves Saint Laurent Store | Florida Officials Announce Arrests in Retail Theft Ring | Retailers Say ORC Is Biting into Profits, but Internal Issues May Be to Blame

June 2023 Officers of the Month Are Here

Officers Chad Rossow and Charles Cobble of the Warren Police Department (Michigan) were chosen as the Officers of the Month for June 2023.

ADT Sells Commercial Business for $1.6B

ADT today announced it has entered into a definitive agreement to sell its commercial security, fire, and life safety business unit to GTCR, a private equity firm, for a purchase price of $1.6 billion.

August Cargo Volume Should be Highest Since Last Fall

Import cargo volume at the nation’s major container ports is expected to hit its highest level in nearly a year this month according to NRF and Hackett Associates.

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Shooter Detection Systems Announces Partnership with Hanwha Vision

Shooter Detection Systems (SDS) announced it has integrated its technologies with Hanwha Vision.

The Biggest News in Loss Prevention: July 29 – August 4

ORC Rises While Nevada Bill Awaits Action | Deputy Constable Shoots at Shoplifters, Holds Man at Gunpoint | Recent String of Retail Thefts Across Southern California Prompts Concern

RILA and NDAA Announce New National Store Walk Month Initiative

This initiative seeks to address the pressing issues of organized retail crime and habitual theft and its impact on our communities.

Good2Go Announced as Newest Associate-Level Partner of the LPF

The associate-level partnership secures numerous LPQ and LPC certification course scholarships and complimentary LPF memberships for Good2Go to distribute to industry professionals.

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