ICYMI: LP Industry News of the Week April 11 – 17

LPM news in review

We know that your week can get busy, and the time you have to catch up on the news from around the retail loss prevention industry is often stolen away by other things. That’s why the LPM team sifts through headlines from all over the country to bring only the most relevant LP news to you here, in our special weekly news round-up—the perfect bookend to a productive week.

Here’s What You May Have Missed

Bill Aiming to Combat ORC Passes in Illinois
The Illinois House and Senate passed a bill on Saturday that aims to combat the rise in ORC and disrupt criminal enterprises. House Bill 1091 was initiated by Attorney General Kwame Raoul in partnership with the Illinois Retail Merchants Association.

You’re Not Imagining It—Stores are Locking Everything Up
Retailers have rushed to lock things up as theft has soared during the pandemic, prompting frustration among shoppers encountering an increasingly long list of everyday items that suddenly require flagging down an employee.

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Feds Convict Leader of $20M Retail Crime Ring
An Illinois man has been convicted of running a roughly $20 million retail crime ring. The man’s co-conspirators stole tens of thousands of products from brick-and-mortar retail stores across the US, and then shipped the items to him to sell online.

Washington State Looks for Solutions to Keep Pot Shops Safe
Members of the Washington Liquor and Cannabis Board met Wednesday to discuss ways to increase security at the state’s marijuana dispensaries, and whether a cashless payment system will help bolster safety.

50,000 Store Closures Expected in the US over 5 Years
A pandemic shakeup in 2020 led to a surge in store closures, coupled with dozens of retailers filing for bankruptcy, emptying out shopping malls and leaving vacancies throughout cities.

New Ohio Law Will Bring Transparency to Online Marketplaces
A new law in Ohio cracks down on people who sell on third-party marketplaces, addressing a growing problem of counterfeit and stolen merchandise getting listed for sale online. For high-volume sellers to be verified, online marketplaces will require several items.

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