Tag: retail industry
The Biggest News in Loss Prevention: March 23 – 29
Customs Officers Seize $2.71M Shipment of Counterfeit Sports Merchandise | LA County Sheriff’s Department's ORC Task Force Conducts Major Fencing Bust | Amazon Invested $1.2B, Hired 15,000 People to Tackle Counterfeit Problem
Reducing Retail Loss through Customer Service—and Other Strategies
Hiring and training more employees to deliver excellent customer service is the solution to rising theft. Read more in this article.
2024 Easter Spending Expected to Top $22 Billion
Consumer spending is expected to reach a total of $22.4 billion this Easter, according to the annual survey released by the NRF and Prosper Insights & Analytics.
The Biggest News in Loss Prevention: March 16 – 22
To Catch Retail Thieves, This Unlikely Duo Treats Them Like the Mob | How a Shoplifting Crime Wave Is Forcing the Retreat of Self-Checkout | Suspected Retail Theft Crew Busted after Running from Police in California
Census Data Shows Retail Sales Bounced Back in February
The Census Bureau said overall retail sales in February were up 0.6% seasonally adjusted from January and up 1.5% unadjusted year over year.
The Biggest News in Loss Prevention: March 9 – 15
California Mom Is Alleged Ringleader Behind $8M ORC Ring That Hit 200+ Ulta Stores | Nearly $160K in Counterfeit Trojan Condoms, BiC Lighters Discovered in Undercover Operation | 3 Charged in $2M Counterfeit Merchandise Raid
The Biggest News in Loss Prevention: March 2 – 8
Retail Bust Reveals Sophisticated Operation Run from Oakland Home | Washington Post Article Downplays Retail Theft Crisis |Â Judge Sides with Safeway Employee Fired for Stopping Shoplifter
Everon Acquires DIGIOP and Enters the Video-Enhanced Intelligence and Technology Space
Everon announced that it has acquired DIGIOP, a software development company specializing in video and business intelligence solutions.
NRF Economist Says Inflation and Interest Rates Remain Key
Inflation and the Federal Reserve’s efforts to bring inflation under control will continue to play a major role in the economy this year.
The Biggest News in Loss Prevention: February 24 – March 1
Oklahoma Senate Bill Targets ORC | New Bill Aims to Help Cover Security Measures for Small NYC Businesses |Â Authorities Crackdown on Retail Theft Ring Targeting Home Depot and Target