ORC Is Worrisome, Worsening…And at Risk of Becoming Ignored?

Article Excerpt

Organized retail crime (ORC) is a significant source of loss for US retailers. Exactly how significant is notoriously difficult to tease out, but new data from the National Retail Federation (NRF) puts average losses at $726,351 per $1 billion in sales, with a median loss of $260,870.

In addition to high…

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