Organized Retail Crime (ORC)

To the average consumer, a loss prevention manager might once have been perceived as a “security guard”: a reactionary presence in a retail establishment whose primary responsibility is to apprehend shoplifters.

LPA dragged in parking lot

Pair busted using kids

Gas hackers arrested

Arrests for theft nets 3

Employee collared for fraud

New UPS delivery pilot

Retailers often ask, “Why should I care so much about preventing thefts when I don’t own the merchandise until you deliver it?” The answer is because you, the retailer, stand to lose the most.

At a time when store margins are under intense competitive pressure, retail shrink can make or break a retailer's bottom line. But retail shrink numbers are vulnerable to blind spots and imprecise metrics.

Theft; Officer-involved shooting

Cop helps catch 4 states thieves

Scamming the scammer

Four women arrested

Shoplifter pulls knife

Eliminating bias in facial rec

Various factors, including tight budgets, increases in serious crime, and shrinking availability of patrols have affected police procedures and shoplifting penalties.

Fleeing shoplifter dies in crash

Fraudster gets 32 months

Restaurant employee jailed

ID theft: ICE attorney gets 4 years

Exactis' data leak beats Equifax's

Massive ORC theft

In the United States and around the globe, shrink continues to be a challenge for retailers, especially as competition grows, profit margins constrict, and...

EDITOR'S NOTE: Paul Jones, LPC, is the new director of asset protection and risk management at CKE Restaurants Holdings, Inc. The 25-year retail veteran...