Tag: 2024
New Study Shows Shoplifting Is Up 93% Since Before the COVID-19 Pandemic
Retailers reported a 93 percent increase in the average number of shoplifting incidents per year in 2023 versus 2019 and a 90 percent increase in dollars lost due to shoplifting over the same time period, according to a new study released by the NRF.
The Biggest Stressors for Loss Prevention Professionals
The Loss Prevention Research Council asked LP professionals which aspects of the job cause the most stress in their latest ORC Across the States Survey.
CIS Security Solutions President Peter Morello Wins Entrepreneur of the Year Award
Peter Morello, president of CIS Security Solutions, has been awarded the title of Entrepreneur of the Year by the Business Development Board of Martin County, Florida.
Inaugural Loss Prevention and Safety Symposium a Success
After hearing from its members that in-store safety and losses continue to be a growing concern, NACS responded with this meeting to help engage its LP and safety-focused members outside of the larger NACS conference.
Organized Retail Crime Monthly News Recap: November 2024
To give you a better feel for the vast impact of the ORC problem, we have provided a glimpse into just a few of the incidents that took place in the month of November, 2024.
197 Million Consumers Shopped Over Thanksgiving Holiday Weekend
The figure is the second highest number in the survey’s history after last year’s record of 200.4 million, and surpassed NRF’s initial expectations of 183.4 million shoppers.
LP People on the Move: November 2024
Please join us in congratulating the following individuals on their recent career moves and promotions.
Macy’s Delaying Q3 Earnings Release After Discovering Employee Hid Up to $154M in Expenses
A single employee with responsibility for small package delivery expense accounting allegedly hid approximately $132 to $154 million in cumulative delivery expenses since Q4 2021 through erroneous accounting accrual entries.
2024 ISCPO Canada Summit Addresses Critical Supply Chain Security Challenges
This year’s gathering brought together industry leaders, security experts, and solution providers to confront the ever-evolving challenges facing global supply chain security.
Carolinas Organized Retail Crime Alliance Hosts 9th Annual Conference
Law enforcement officers and retail loss prevention professionals from across North and South Carolina came together in Charlotte, North Carolina on Thursday, October 3 for the 9th Annual Conference of the Carolinas Organized Retail Crime Alliance (CORCA).