Retail Crime

Developing collaborative partnerships to combat organized retail crime is one of the most compelling and productive ways that retailers and law enforcement can impact...

Loses 'shrink' in 2017

CC fraud scheme over 15 states

Stolen checks, cash drawers

Baseball gloves caught

New data breach law in CO

Booze theft: 3rd time/3 months

This post's findings are the result of more than thirty retail and law enforcement interviews expressly asking for opinions and thoughts on investigating ORC. It's from the archives, but its advice is timeless.

Thefts, fraud and losses from other retail “shrink” decreased to $46.8 billion in 2017 from $48.9 billion the year before as shoplifting and organized retail crime continued to be the leading causes.

Employee embezzlement caper: $247K

Shoplifting Blitz collars 27

Bourbon thief gets 15 years

Serial shoplifter: $3.7K

Suspect assaults clerk

Dallas fundraiser a success

To become a true partner in the loss prevention community, Kadege feels there are a few primary qualities that lead the way. "First, say what you'll do and do what you say. If you say you'll do something, do it. People always prefer honesty."

"I don't believe that leading in asset protection is much different than leading in other industries," said Langley. "Of course, high integrity is a must. But ultimately, for any true leader, the focus has to be on people."

Today, analytics is one of the most vital tools to statistically identify the key factors which highly correlate with loss due to shrink. Collecting data from various sources gives retailers a more holistic perspective of their store activity.

Video shows group theft

Thief steals thousands

Employee accused of theft

Brazen iPhone robbery

Crew charged with felonies

Suspect in motorized wheelchair

The Sensormatic® Global Shrink Index is a culmination of research that measures worldwide retailer performance, allowing retailers to benchmark their shrink rates to others in the same vertical and region.