The Biggest News in Loss Prevention: December 10 – 16
15 Members of Nationwide ORC Ring Arrested | Worker Wounded and Suspect Killed in Amazon Warehouse Shooting | Shoppers Respond to Walmart Threatening to Close Stores
LPF Board Member Earns LPC Credential
The Loss Prevention Foundation (LPF) announced that Oscar Arango, LPC, vice president of assets protection at Target, is the most recent LPF Board member to obtain their LPCertified credential.
Prosecutors and Retailers Announce New Investment to Combat ORC
The National District Attorneys Association (NDAA) and the Retail Industry Leaders Association (RILA) have announced a new investment in their partnership to combat organized retail crime.
2022 Retail Returns Rate Remains Flat at $816B
Consumers are expected to return more than $816 billion worth of retail merchandise purchased in 2022, according to a report released today by the National Retail Federation (NRF) and Appriss Retail.
Shoppers Target Self-Checkout Registers Amid Soaring Inflation
According to the National Retail Federation, the amount of organized shoplifting has increased by 26.5 percent. In nine out of ten incidents, shoplifters were targeting self-checkout registers.
Insights on the Use and Impact of Video Technologies in Retail
Digital video technologies are now readily available, and they have brought significant new opportunities, not least through the development of video analytics.
Lowe’s CEO Marvin Ellison Announced as NRF’s 2023 Visionary
The National Retail Federation (NRF) today announced that Lowe's Chairman and CEO Marvin Ellison will receive the 2023 Visionary Award.
Normalizing Innovation from Forced Changes to the New Normal
At Wicklander-Zulawski and Associates (WZ), they are working to lean into the resources afforded to them by advances in technology and using them as the catalyst for continued innovation.
The Biggest News in Loss Prevention: December 3 – 9
Walmart CEO Says ORC Could Lead to Store Closures | Fraudsters Siphon $360M from Retailers Using Fake Shoppers | Retail Crime Threatens to Steal Holiday Spirit
The Department of Homeland Security Releases Consumer Shopping Guide
Just in time for the holidays, The Department of Homeland Security has released a Consumer Shopping Guide to in holiday shopping efforts.