Tag: theft

Police Recover $7M Worth of Nike Sneakers in Los Angeles | $1.5M in Stolen Appliances Found in Washington Man's Home, Police Say | 18 People Arrested After LA Police Bust Retail Theft Ring

Los Angeles police recovered a stash of stolen shoes in a warehouse on June 21. The total amount of stolen merchandise ranges between $3 and $7 million. Read more here.

Search Underway for Thieves Who Stole 45 Guns during Heist | 7-Eleven Clerk Fatally Shot During Robbery in Dallas | 18 People Arrested After LA Police Bust Retail Theft Ring

Congress Weighs Federal Response to High Retail Crime Rates | LGBTQ+ Target Employees Share Their Experiences During Pride Month | Fired Clerk Sues Circle K Over Shoplifting Policy

The three major challenges which have been elevated as the highest US priorities for loss prevention are active shooters, safety, and organized retail crime.

Car Catches Fire with Children Inside While Mother was Shoplifting | B.A. Blacktop Employee Embezzled $1.9M | Lululemon CEO Stands by Decision to Fire Employees Who Intervened in Robbery

C-Store Owner Who Killed Innocent Teen Previously Shot at 2 Shoplifters | Retail Theft Ring Suspects Arrested in Seattle Suburb | Son of Home Depot Worker Murdered at Work Seeks Crackdown on ORC

Two Women Arrested in Tennessee for $94K in Thefts Across 47 Stores | Home Depot's CFO Blasts America's ORC Dilemma After Significant Increase | Grocery Store Clerk Shoots and Kills Person After Being Shot in Atlanta, Georgia

Supply chain professionals should be on high alert this upcoming holiday weekend because cargo thieves will seek to leverage extended business closures.

Target has announced its first quarter 2023 financial results, where it predicted this year’s profitability will be reduced by $500 million more than last year because of shrink. The company lost as much as $800 million from inventory shrink in 2022.