ICYMI: LP Industry News of the Week Nov. 29 – Dec. 5

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

FTC Votes to Move Forward on Supply Chain Study
The Federal Trade Commission (FTC) voted 4-0 to approve moving forward in ordering nine large retailers, wholesalers, and consumer good suppliers to provide information for a study on how competition has affected the supply chain.

Woman Awarded $2.1 Million After Suing Walmart Over Shoplifting Arrest
An Alabama woman was awarded $2.1 million in punitive damages by a jury this week after suing Walmart over allegedly falsely arresting her on a shoplifting charge in 2016. Walmart is planning on contesting the verdict.

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Retailers Refuse to Let Supply Chain Issues Ruin Holidays
Retail Industry Leaders Association (RILA) President Brian Dodge wrote an op-ed for Fox Business on how leading retailers are ready to deliver this holiday season, despite supply chain challenges.

California Governor Says to Prosecute Shoplifters Under Existing Laws
Responding to the recent large-scale retail thefts in California, Governor Gavin Newsom said that shoplifters should be prosecuted under existing California laws, and called out local officials who he said have been reluctant to do so.

Florida Attorney General Launches ORC Task Force
Florida Attorney General Ashley Moody is launching a statewide task force to take on organized retail theft. This includes the release of an interactive database to help spot trends, identify suspects, and take down organized retail theft rings.

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