Industry News

Ghost employees—fake or inactive workers left on the payroll—can quietly drain thousands from companies, especially in high-turnover retail settings, if poor oversight and weak system controls let them slip through unnoticed.

Integrated Risk Management (IRM) is a proactive, enterprise-wide approach that helps organizations anticipate, assess, and respond to risks strategically, turning uncertainty into resilience and competitive advantage.

LA County DA Hochman Announces New Action Against Retail Theft | Lowe's Employee Charged in $30K Shoplifting Spree | Warrant Issued for Suspected Oregon ORC Leader

Apprehending repeat offenders is just the beginning—true progress in retail crime prevention requires coordinated follow-through across retailers, law enforcement, and the justice system to break the cycle and restore safety.

Retail sales grew in April as many consumers moved up buying to avoid higher prices expected to come with tariffs, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released by the National Retail Federation.

NRF is bringing retail leaders to Capitol Hill to advocate for the Combating Organized Retail Crime Act of 2025 and urge congressional action.

Tariffs on China are disrupting retail supply chains and driving up consumer costs, prompting cutbacks and increased use of buy now, pay later loans.

Despite continued job growth and consumer spending, rising trade tensions and erratic tariff policies have fueled widespread economic uncertainty and heightened recession fears, though a downturn has not yet materialized.

Man Believed to be Part of Retail Theft Crew Arrested for Stealing $120K in Designer Merchandise | 2 Florida Walgreens Employees Shot, Gunman Found Dead Outside Store | Ringleader in String of Retail Thefts Sentenced to 6 Years in Prison

In this episode of our One Minute Mentor video series, CONTROLTEK CEO Tom Meehan tells LPM Assistant Editor Allie Falk about the most important traits for a high performance leader.