Retail Theft news and trends

Target to Lower Threshold for Apprehending, Prosecuting Shoplifters
Retail // June 28, 2024

Target will reportedly lower the threshold at which store staff can attempt to stop nonviolent theft. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Tech-Enabled Solutions Put the Brakes on Returns Fraud
Retail // April 24, 2024

An integral aspect of the retail cycle, returns have surged in recent years with the growth of online channels. However, accompanying this increase in returns is a concerning trend: the escalation of returns fraud and policy abuse. Get the Full Story Complete the form to...

Retailers’ Self-Checkout Enthusiasm Dwindles Amid Elevated Theft
Retail // March 21, 2024

As retailers look for new ways to save on labor, the disadvantages of going all in on self-checkout are coming to light, with Five Below the latest to pull back on the technology. Get the Full Story Complete the form to unlock this article and...

Dollar General Reduces Self-Checkout Options to Increase Engagement, Decrease Shrink
Retail // March 14, 2024

Dollar General is cutting back on its offering of self-checkout options, saying it is doing so to improve the customer experience and to reduce inventory shrink. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Interviews & Exclusives
Target’s New Strategy? Locking Up Essentials, Letting Luxury Loose

October 09, 2023
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 products. From groceries to clothing and electronics, these big format retailers provide a one-stop seamless shopping experience.   Get the Full Story Complete the form to unlock this article and enjoy […]

As Target Closes Stores, H&M Looks to Tech to Stop Retail Theft 

October 02, 2023
The intersection of technology, social dynamics and economic factors has created an environment where theft — both individual and organized — has proliferated. And H&M is the most recent victim...

Quick Reads
Corsight Uses Facial Recognition, AI to Combat ‘Sweethearting’

October 29, 2024
Corsight has launched a solution that uses facial recognition and artificial intelligence (AI) to combat a form of retail theft in which employees give unauthorized discounts or free items to people they know. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no […]

Target to Lower Threshold for Apprehending, Prosecuting Shoplifters

June 28, 2024
Target will reportedly lower the threshold at which store staff can attempt to stop nonviolent theft. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Dollar General Reduces Self-Checkout Options to Increase Engagement, Decrease Shrink

March 14, 2024
Dollar General is cutting back on its offering of self-checkout options, saying it is doing so to improve the customer experience and to reduce inventory shrink. Get the Full Story Complete...

Retail Theft and Shrink Reports Have Investors Seeking Answers

January 09, 2024
Last year saw several retailers report that their profits were being hurt by “shrink.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...