72 Charged After Several Stores Looted in Philadelphia | Pennsylvania Lawmakers Craft Bill to Crack Down on ORC | Donald Trump Says Shoplifters Should Be Shot | And More LP News
ADT Commercial announced that it will move forward as a standalone organization and rebrand as Everon, completing the acquisition of ADT Inc.’s commercial security and fire segment to GTCR, a private equity firm.
In this whitepaper, a number of challenges associated with ORC are outlined, as well as strategies and best practices that retailers should follow to collaborate effectively with law enforcement and other stakeholders.
The global retail industry will remain resilient for the foreseeable future. In 2023, it will cross over $30 trillion and by 2026, the projections are for 76% of shopping to be in physical stores.
Retail Theft Is a 'Financial Tragedy' for Businesses;Â 3 Arrested for $100K Retail Theft Across Bay Area; Credit Card Competition Act Causing Confliction; and more LP news you missed this week.
Target announced that it is closing nine stores across four states, effective Oct. 21. The company said it cannot continue operating these stores because theft and ORC are threatening the safety of its employees and guests.
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.