Tag: nrf
The Impact of COVID-19 on Organized Retail Crime
With economic instability and uncertainty as inevitable after-effects of the pandemic, a change in ORC targeted products is expected.
ORCAs in Action: A Testament to Cooperation and Teamwork
ORCAs in Action is an LPM initiative designed to support local and regional ORC efforts driven by these vital ORCA organizations.
$428 Billion in Merchandise Returned in 2020
While the total rate of returns was in line with recent years, online returns more than doubled in 2020 from 2019.
Retailers Welcome Passage of Bipartisan Fiscal Stimulus Deal
NRF issued a statement from CEO Matthew Shay in response to Congressional passage of the Emergency Coronavirus Relief Act of 2020.
Retailers Report Rising Cases and Increased Losses from ORC
Organized retail crime is continuing to grow, with the number of dollars lost topping a key threshold for the fifth year in a row.
Retail Shrink Increased in 2019 Amid Rising Employee Theft, Shoplifting, ORC
Theft, fraud, and losses from other retail “shrink” totaled $61.7 billion in 2019, up from $50.6 billion in 2018 according to the 2020 NRSS report.
The Evolution of Organized Retail Crime in Retail Today
In today’s constantly changing retail landscape of omni-channel and omni-commerce consumer buying, another aspect of retail that continues to evolve is organized retail crime...
Shedding Light on Retail Theft Statistics
The NRSS indicates that shoplifting accounted for 35.7 percent of the reported shrink in 2017, which is down from 39.3 percent in 2016.
6 Upcoming Loss Prevention Conferences and Events
2019 is in high gear, and we're just getting started. Let LPM help you find your next networking opportunity, retail technology expo, or training course.