Retail/Restaurants/Convenience

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Up to five years in prison faces anyone guilty of knowingly committing organized retail crime, such as reselling stolen items to other stores or on the Internet.

Masked and armed thieves stole $1 million worth of iPads, iPhones and more from an Apple store in Paris.

The industry will lose nearly $9 billion to return frauds this year, with nearly $3 billion of that estimated to come from the holiday season alone. 

Employee theft, shoplifting/organized retail crime and administrative error are the main sources of loss affecting retailers.

The convenience store company's initiatives in security and social media campaigns have won accolades from ISCPP and ASIS. 

Canadian retailers are losing about $4 billion a year to “shrinkage.” 

NRF’s Loss Prevention community has released its 2012 Effective Crowd Management Guidelines to address what retail stores and shopping centers should be prepared for when managing large crowds.

All of the company's card reading machines have been disabled after 63 stores were discovered to have some compromised PIN readers.