We know that your week can get busy, and the time you have to catch up on the news from around the retail loss prevention industry is often stolen away by other things. That’s why the LPM team sifts through headlines from all over the country to bring only the most relevant LP news to you here, in our special weekly news round-up—the perfect bookend to a productive week.
Here’s What You May Have Missed
The CBS News Texas I-Team found the latest fraud involving gift cards is on a global scale, and it includes Chinese gangs and hundreds of mules across the country.
New Jersey Police Chiefs Want to Stop ORC—Here’s How
Police departments across New Jersey continue to expend precious resources responding to organized theft, as retail crime rings regularly steal baby formula, over-the-counter medication, and other high-demand items from store shelves.
Holiday Shopping Season Brings Wave of Retail Theft, Making Employees Feel Powerless
As the holiday season ushers in a wave of shoppers to local stores, it is also drawing a surge in retail theft, raising concerns for safety among employees and customers alike.
64 Arrested in California County’s Operation Smash-and-Grab
Law enforcement officers arrested 64 retail theft suspects and recovered nearly $7,000 worth of stolen goods during the most recent week of enforcement efforts under San Bernadino County’s ongoing Operation Smash-and-Grab campaign.
Macy’s Says Employee Hiding $151M in Delivery Expenses Did Not Amount to Theft
The years-long erroneous expense accounting at Macy’s did not amount to theft, but was rather an attempt to cover up an initial error, Chief Operating Officer and Chief Financial Officer Adrian Mitchell told analysts. Still, the impact may need more scrutiny.
New Research Offers Companies Advice on Reducing the Appeal of Counterfeit Goods
Understanding how people’s self-assessed knowledge of luxury goods affects their moral stance toward counterfeits can help shape strategies to combat the scourge.
