Tag: ORC

Today, analytics is one of the most vital tools to statistically identify the key factors which highly correlate with loss due to shrink. Collecting data from various sources gives retailers a more holistic perspective of their store activity.

The Sensormatic® Global Shrink Index is a culmination of research that measures worldwide retailer performance, allowing retailers to benchmark their shrink rates to others in the same vertical and region.

As retail undergoes broad transformation, it's not surprising that loss prevention is embroiled in a sea change of its own. With essential shrink challenges as dynamic as ever, LP executives also face new sets of problems, old problems getting worse, as well as fresh opportunities to provide value to retail organizations.

The Loss Prevention Foundation (LPF) has recently announced an organized retail crime (ORC) certificate course preview webinar sponsored by Tyco Retail Solutions. Webinar participants will receive a discount code for the actual course.

ORC ring to be deported: $10K

Shoplift leads to more charges

LPA threatened with scissors

Shoplifter busted 24 times

Trooper cleared in shooting

No jackpot for fraudsters

Police kill shoplift suspect

Company president apologizes

Most likely to be stolen

Shoplift leads to meth lab

Equifax confirms stolen info

As the 2018 RILA Retail Asset Protection Conference drew to a close, LPM staff put together a few thoughts coming out of this year’s event.

Theft of designer merchandise

Reward offered for info

Employee ORC theft

LPA assaulted

ORC ring bust: 1 arrested

Cashier swipes $17K in 3 days

Nearly 23 percent of surveyed retailers report overall inventory shrink increasing to 2 percent or more of sales, while 65 percent of retailers expect...