Implementing a number of technologies within the retail setting can help organizations improve the customer experience, but more importantly, reduce shrink, mitigate fraud and improve security.
The Restaurant Loss Prevention & Security Association (RLPSA) is converting its annual in-person conference to a “To Go” (virtual) format March 2 – 4, 2021. The “To Go” format will provide the foodservice community a virtual way to obtain relevant loss prevention, safety and risk content.
The 16th annual (Organized Retail Crime) ORC study released by the National Retail Federation found 75% of loss prevention executives at a cross-section of large and mid-sized retail companies said ORC activity had increased in the past year, up from 68% last year.
The Retail Loss Prevention and Security Association will be hosting its THINK Tank II summit virtually on October 22. The association also launched a new website that coincides with the summit.
More than 348,000 shoplifters and dishonest employees were apprehended in 2019 by 21 large retailers who recovered more than $136 million, says the 32nd Annual Retail Theft Survey by Jack L. Hayes International.
U.S. Senator Bill Cassidy, M.D. (R-LA) introduced legislation to fight the online sale of stolen, counterfeit and dangerous consumer products by requiring extensive transparency of large-volume third-party sellers in online retail marketplaces.
Customer-facing businesses often have a host of reasons for wanting employees to undergo security screenings or bag checks at the start or end of their shifts.
Organized retail crime affects almost all merchants and more than two-thirds of those surveyed have seen an increase in the past year, according to the 15th annual ORC study by the National Retail Federation.
U.S. retail fraud grew significantly during the past year for businesses of all sizes, with fraudsters adding small business targets, which typically utilize less anti-fraud solutions than mid-to-large sized merchants.
