Twitter, RSS and Facebook logos

  Connect with Security Magazine!
     Follow us on Twitter and Facebook or subscribe to our newsletters or RSS feeds.

Security Newswire

Retailers Make a Dent in ORC, But Theft Still a Problem

Industry partnerships, concerned law enforcement officers and resilient retailers have done their part in making a small dent in the growing problem of organized retail crime, but new research shows there’s still a lot of work to be done. According to NRF’s sixth annual ORC survey, 89.5 percent of retailers surveyed say their company has been a victim of ORC within the past 12 months, a slight decrease from last year’s 92.2 percent.
 
The survey also found that nearly six out of 10 (58.9 percent) retailers have seen an increase in ORC activity in the last 12 months, down from the nearly three-quarters (73 percent) who said so last year.
 
For the first time in the survey’s history, NRF asked retail executives to list cities where organized retail crime affects their stores and/or distribution centers most. The top 10 cities in alphabetical order include: Baltimore/Washington, D.C./Northern V.A., Chicago, Dallas, Houston, Los Angeles, Miami/Ft. Lauderdale; New York/Northern New Jersey, Philadelphia, San Francisco, Tampa/Orlando.
 
As the economy continues its slow recovery, retailers are starting to invest more resources into ORC awareness and prevention. Nearly half (48.4 percent) of retailers say they are allocating additional resources to address ORC, up from 41.8 percent of respondents last year. When asked if they believe top management understands the complexity and severity of ORC, 50.0 percent of retailers said yes, up from 48.7 percent last year. Many retailers surveyed also say law enforcement understands the problem the industry faces (39.5 percent versus 37.7 percent last year).
You must register or login in order to post comments.

Multimedia

Videos

Image Galleries

Stanley Customer Appreciation Event at ASIS 2011

Customers enjoyed the annual Stanley customer appreciation event during ASIS 2011 in Orlando.

Podcasts

The New Age of Video Surveillance
In this podcast, Bill Lawrence, director of Service Solutions and Platforms for ADT Security Services, explains the growing interest in video surveillance by both government agencies as well as businesses of every stripe. He discusses what any organization should consider before investing heavily in the technology. Lawrence is a 25-year veteran of both the information technology and physical security industries, with extensive experience in network video surveillance and physical security convergence.
More Podcasts

Your Time

On a daily basis, how much work time do you estimate that you spend addressing an emergency or crisis within your organization?
See Poll Results Poll Archive

THE SECURITY STORE

comptiahighriseproductphoto
CompTIA Security+ Certification Study Guide
CompTIA's Security+ certification is a globally-recognized, vendor neutral exam that has helped over 60,000 IT professionals reach further and higher in their careers. The current Security+ exam (SY0-201) focuses more on being able to deal with security issues rather than just identifying them.
More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

Vertical Sector Focus: Critical Infrastructures

criticalhomepagethumbFrom terrorism to vandalism, it’s preparedness, response, training and partnerships. Learn about some of the critical security issues facing this sector.

Visit the Critical Infrastructure page to read more.  

STAY CONNECTED

facebooklogo twitterlogo  linkedinlogo  YouTube icon