Tag: ORC
Shoplifting Penalties Rarely Benefit Retailers These Days
Various factors, including tight budgets, increases in serious crime, and shrinking availability of patrols have affected police procedures and shoplifting penalties.
The Blurring Lines between ORC and Cyber Crime
In 2003, the Loss Prevention Research Council (LPRC) worked on a three-year international research project with the University of Leicester, UK. The research was...
The Worldwide Impact of Shrink
In the United States and around the globe, shrink continues to be a challenge for retailers, especially as competition grows, profit margins constrict, and...
People On the Move: July–August 2018
Sean Edmiston, Joshua Vote, and Sean Lynch, CFI were promoted to senior regional managers of AP at Abercrombie & Fitch.
Marc Patrouch was promoted to...
Scott Glenn, J.D., LPC, Named Vice President of Asset Protection at The Home Depot
Scott Glenn, J.D., LPC, has been named vice president of asset protection at The Home Depot. Glenn was formerly the corporate vice president of...
How NOT to Investigate Organized Retail Crime
This post's findings are the result of more than thirty retail and law enforcement interviews expressly asking for opinions and thoughts on investigating ORC. It's from the archives, but its advice is timeless.
NRF/University of Florida Survey Says Retail Shrink Decreased to $46.8 Billion in 2017
Thefts, fraud and losses from other retail “shrink” decreased to $46.8 billion in 2017 from $48.9 billion the year before as shoplifting and organized retail crime continued to be the leading causes.