The Biggest News in Loss Prevention: July 2 – 8

LPM news in review

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

Thieves Steal $7,000 of Copper Pipes in Minutes
Four people are wanted for stealing more than $7,000 worth of copper wire from a Lowe’s in North Carolina last month. The four people walked into the store, split into groups, and loaded the wire into shopping carts before walking out.

If Retail Crime is Evolving, So Should the Laws
Organized retail crime is silently taking place in every town and city across the country. It is imperative for congress to pass legislation that tackles this issue before it creates additional pain for retailers, employees, and customers.

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2 Women Steal More Than $6,000 of Items from Ulta
Two women stole $6,350 worth of merchandise within 10 minutes from an Ulta Beauty store In Ocean City, Maryland. The suspects put the merchandise inside two Target bags and left the store.

Big Box Retailers Reconsider Returns
In recent weeks, some of the biggest store chains, including Target, Walmart, and Amazon, have reported they have too much inventory. Now, stores are considering allowing shoppers to keep returns and still receive refunds.

North Carolina Passes Law to Combat ORC
Steeper penalties and verification requirements for third-party sellers are the sticking points of a new North Carolina law designed to curb ORC. State Bill 766 increases the punishment for people caught committing theft more than once in a 90-day span.

3 Killed at Shooting in Copenhagen Mall
There was a shopping mall shooting in Copenhagen that left three people dead and four others seriously wounded. Police have yet to determine a clear motive for the attack.

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