Tag: organized retail crime

Retailers often ask, “Why should I care so much about preventing thefts when I don’t own the merchandise until you deliver it?” The answer is because you, the retailer, stand to lose the most.

At a time when store margins are under intense competitive pressure, retail shrink can make or break a retailer's bottom line. But retail shrink numbers are vulnerable to blind spots and imprecise metrics.

While it would be impossible to give an exact formula for success in every company and project, it is reasonable to explore a framework that can be used to increase our chance at getting our proposal approved and implemented.

Theft; Officer-involved shooting

Cop helps catch 4 states thieves

Scamming the scammer

Four women arrested

Shoplifter pulls knife

Eliminating bias in facial rec

Various factors, including tight budgets, increases in serious crime, and shrinking availability of patrols have affected police procedures and shoplifting penalties.

Fleeing shoplifter dies in crash

Fraudster gets 32 months

Restaurant employee jailed

ID theft: ICE attorney gets 4 years

Exactis' data leak beats Equifax's

Massive ORC theft

EDITOR'S NOTE: Paul Jones, LPC, is the new director of asset protection and risk management at CKE Restaurants Holdings, Inc. The 25-year retail veteran...

In the United States and around the globe, shrink continues to be a challenge for retailers, especially as competition grows, profit margins constrict, and...

Day two of the NRF PROTECT Loss Prevention Conference and Expo began with opening remarks from Dan Faketty, vice president of asset protection for Southeastern Grocers and chairman of the NRF Loss Prevention Council.