Tag: theft
The Biggest News in Loss Prevention: Sept. 6 – 12
5 Charged in $20M Theft and Fraud Scheme Targeting Home Improvement Stores | Jewelry Store Owner Suffers Stroke During Smash-and-Grab Robbery | Pair Arrested in $500K Counterfeit Louis Vuitton Bust
The Misperception of Shrink and Its Impact on Organized Retail Crime
Calculated as a percentage to sales, shrink is a metric used by a retailer to understand their current state of inventory loss. However, those who understand shrink know it is not a direct or sole indicator of theft.
The Biggest News in Loss Prevention: August 30 – Sept. 5
Man Who Attacked Safeway Security Guard With Axe Had Incident at Same Store 1 Month Earlier | Police Recover $12K Worth of Apparel Stolen from Shopping Malls | Over 11,000 Counterfeit Labubu Dolls Seized at Seattle Airport
The Biggest News in Loss Prevention: August 23 – 29
14 Arrested in Largest Home Depot Theft Ring Ever | Milwaukee Tool Employee Accused of Stealing More Than $1M in Tools | New York Retail Theft Declines by 12% After ORC Crackdown
The Biggest News in Loss Prevention: August 16 – 22
LA Hardware Store Was a Front for $4.5M Cargo Theft Ring | Additional Charges Filed in Shooting Outside Target Store in Austin | $2M Jewelry Store Robbery Happened While Seattle Police Chief Was Having Lunch Nearby
The Biggest News in Loss Prevention: August 9 – 15
10 of 11 Suspects Arrested in Massive Alabama Retail Theft Case | CBP Seized Quarter of a Million Dollars of Counterfeit Luxury High-End Watches | 11 Arrested in Florida Retail Crime Bust
The Biggest News in Loss Prevention: August 2 – 8
Thieves Responsible for 200 Home Depot Heists Facing Prison | Policing Brand Trump: Inside the Rise and Crackdown on Counterfeit Merch | Detroit Man Facing 30th Retail Fraud Conviction
The Biggest News in Loss Prevention: July 26 – August 1
New Data Shows 22,000 Arrests and $150 Million in Recovered Stolen Goods Across California | $81K ULTA Theft Suspect Arrested After Worker Sees News Report | Ex-Employee Accused of Stealing Over $90K From Georgia Resort
The Biggest News in Loss Prevention: July 19 – 25
2 Men Accused of Stealing Over $140K in Walmart Theft Scheme | Shoplifting Surges 20% to Two-Decade High in England and Wales | Armed Portland Man Hides in Target Store Rafters After Confrontation with Security
The Biggest News in Loss Prevention: July 12 – 18
Judiciary Witnesses Call for Congressional Action on ORC | 16 Facing Charges for $2.6M Money Order Scheme at Walmart Stores | Victims of Gift Card Scam Sue Target Alleging the Retailer Profited from Fraud