Tag: ORC
The Biggest News in Loss Prevention: December 14 – 20
New Study Shows Shoplifting Is Up 93% Since Before COVID-19 | Macy’s Probe Found Employee Acted Alone in $151M Accounting Scandal | Spokane City Council Approves $90K Grant to Combat ORC
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.
WHITEPAPER: How Organized Retail Crime Is Threatening the Retail Industry
ORC costs retail businesses an average of $244,509 per case, the highest the case value has been in over eight years.
The Biggest News in Loss Prevention: December 8 – 13
Nationwide Gift Card Scheme Linked to Fentanyl and Human Trafficking | New Jersey Police Chiefs Want to Stop ORC—Here's How | Holiday Shopping Season Brings Wave of Retail Theft, Making Employees Feel Powerless
The Biggest News in Loss Prevention: December 1 – 7
New State's Attorney Lowers Felony Theft Threshold to $300 in Chicago | Family Planning on Suing Walmart and Officer Involved in Fatal Shooting | DeSantis Cracks Down on Retail Theft, Porch Pirates in Florida
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.
The Biggest News in Loss Prevention: November 16 – 22
Brentwood, CA Pays Nearly $1M to Settle Lawsuit After K9’s Attack on Suspected Shoplifter | California Cargo Theft Task Force Seizes $3.7 Million in Stolen Beauty Products | Couple Arrested in Minnesota Alleged to Be Behind $1M lululemon Theft Conspiracy
The Biggest News in Loss Prevention: November 9 – 15
10p Crime Tax Added to Every UK Transaction as Minister Vows End to 'Shameful Neglect' of Retail Crime | Shoplifter Uses Bear Spray on Alberta Walmart Staff | Almost 1 in 3 Retail Workers Considers Quitting Over Unsafe Conditions
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).