Shoplifting

Retailer Concerns About Organized Crime Escalate Amid Ongoing Losses
Retailer Concerns About Organized Crime Escalate Amid Ongoing Losses
March 18, 2024  |  Retail

As retailers face ongoing margin pressures from a difficult economic environment, many are growing increasingly concerned about the losses they may be accruing from theft...

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Retailers Battle $101 Billion Returns Fraud Plague
Retailers Battle $101 Billion Returns Fraud Plague
March 14, 2024  |  Fraud Attack

How common has refund fraud — or returns fraud — become? So much so that fraudster groups have begun advertising their services on platforms like...

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Target’s New Strategy? Locking Up Essentials, Letting Luxury Loose
Target’s New Strategy? Locking Up Essentials, Letting Luxury Loose
October 09, 2023  |  Retail

Why do so many shoppers like Target or Walmart? For some, it’s considered a nearby oasis that offers affordable prices on a diverse range of...

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NRF Says Retailers Lose $112 Billion Amid ‘Unprecedented Levels of Theft’
NRF Says Retailers Lose $112 Billion Amid ‘Unprecedented Levels of Theft’
September 26, 2023  |  Retail

Retail crime has become a growing concern for retailers in the United States, with incidents on the rise and significant financial losses being incurred. Shrink...

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Retailers Grapple With Increased Shoplifting-Related Violence
Retailers Grapple With Increased Shoplifting-Related Violence
September 15, 2023  |  Retail

Retailers are contending with a growing amount of violence along with the existing challenge of shoplifting. In two recent incidents, employees at retail stores were...

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LA Retailers Putting Products Behind Glass as Shoplifting Rises 2%
LA Retailers Putting Products Behind Glass as Shoplifting Rises 2%
March 14, 2023  |  Retail

Retailers in Los Angeles are increasingly keeping products locked up in response to shoplifting. Stores in the city have seen a 2% increase in theft...

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NYC Mayor Eric Adams Says Face Masks Facilitate Shoplifting
NYC Mayor Eric Adams Says Face Masks Facilitate Shoplifting
March 06, 2023  |  Retail

Retailers looking to reduce shoplifting should require customers to remove face masks when entering the store. So said New York City Mayor Eric Adams on...

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Walmart CEO: ‘Historically’ High Thefts Could Trigger Price Hikes
Walmart CEO: ‘Historically’ High Thefts Could Trigger Price Hikes
December 07, 2022  |  Retail

Walmart’s CEO says the retailer could raise prices if authorities can’t curb “historically” high shoplifting. Speaking to CNBC Tuesday (Dec. 6), Doug McMillon said theft at...

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NY Indicts 41 in Alleged Shoplifting Ring That Resold on eBay
NY Indicts 41 in Alleged Shoplifting Ring That Resold on eBay
May 26, 2022  |  Security & Fraud

New York authorities are saying they’ve taken down an organized shopping ring that was stealing high-end items and reaping “millions of dollars,” Financial Times reported...

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