Retail Crime

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For years, there have been those who have questioned whether retail loss prevention and law enforcement can effectively work in partnership with one another. Professionals working in loss prevention have often felt that law enforcement was unconcerned about helping them with their business.

According to online statistics database Statista, the value of payment fraud losses in the United States rose from $5.6 billion in 2012 to an estimated $9.1 billion in 2018.

Day two of the NRF PROTECT Loss Prevention Conference and Expo began with opening remarks from Dan Faketty, vice president of asset protection for Southeastern Grocers and chairman of the NRF Loss Prevention Council.

The NRF PROTECT conference’s Ring of Excellence Award recognizes pioneers in the retail LP/AP community whose honor, integrity and character have served as a lasting example for the profession. The NRF is proud to announce that the 2018 recipient of the NRF PROTECT Ring of Excellence is Bob MacLea.

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

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.

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

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.