Tag: theft
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 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
How Proposition 36 Could Shape In-Store Safety and Accountability
Effective December 18, Proposition 36 introduces a nuanced approach to handling offenses, balancing stricter accountability with opportunities for rehabilitation.
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
Macy’s Delaying Q3 Earnings Release After Discovering Employee Hid Up to $154M in Expenses
A single employee with responsibility for small package delivery expense accounting allegedly hid approximately $132 to $154 million in cumulative delivery expenses since Q4 2021 through erroneous accounting accrual entries.
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
The Biggest News in Loss Prevention: November 2 – 8
Tide Shifts Against Criminal Justice Reform Among California Voters | Major Retailers Tighten Return Policies Ahead of Holiday Season | Serial Shoplifter Arrested, Connected to 113 Incidents
The Biggest News in Loss Prevention: October 26 – November 1
Nashville Woman Sues Walgreens After Being Shot by Security for Alleged Shoplifting | School Principal Placed on Administrative Leave Following Shoplifting Arrest | Pennsylvania Attorney General Charges 9 with Profiting $850K from Retail Theft-Return Scheme