ASIS Foundation Releases CRISP Report on Organized Retail Crime

Loss prevention directors and systems integrators who serve the retail vertical know that organized retail crime (ORC) poses a significant threat to the economic welfare of the $4.7 trillion retail industry in the United States. The latest CRISP Report, “Organized Retail Crime: Assessing the Risk and Developing Effective Strategies,” commissioned by the ASIS Foundation, states that U.S. retailers lose billions of dollars to ORC each year. ORC affects all segments of the industry, including drug stores, supermarkets and mass merchant chain stores. 

During the past decade, according to the CRISP Report, industry leaders and retail associations have increasingly acknowledged ORC as a growing problem, fueled, at least in part, by the emergence of Internet auction sites, lack of effective legislation to increase criminal sanctions for ORC and the ability to reintroduce stolen goods back into legitimate supply chain channels.

Effectively addressing this growing concern requires a comprehensive examination of ORC, its harmful effects, and the industry, legislative and law enforcement initiatives most likely to curtail it. Currently, the CRISP Report authors say no comprehensive source or definitive information to prevent ORC exists.

The report lists some of the “hot” items targeted by organized retail criminals, which are goods that command near-retail resale price. These include designer clothing, teeth whiteners, gift cards, electronics, DVDs, CDs, razor blades, over-the-counter medicines, beauty care items and infant formula.

Big Names to Educate and Entertain at ASIS

There are two early morning events that are not to be missed at the ASIS International Annual Seminar and Exhibits.

Tuesday, September 22

Ben Stein

Author, Economist, Pop Culture Icon

8:00 am – 9:00 am

An authentic Renaissance man, celebrity speaker Ben Stein is one of the most recognizable faces in America today. He has done just about everything during his amazing career—including presidential speechwriter, best–selling author, lawyer, an economist, syndicated columnist, movie star, and game show host. Drawing on his life experiences, Stein delivers a presentation that is entertaining, informative, and laden with expertise on everything from law to laughs.

Wednesday, September 23

Condoleezza Rice

Secretary of State (2005–2009)

8:00 am – 9:00 am

As Secretary of State and National Security Advisor in George W. Bush's administration, Condoleezza Rice pioneered a policy of transformational diplomacy, and heralded the formation of new global governments based on democratic principles.

Rice has influenced the most significant foreign policies of our time. And she was at the center of events that shaped the direction of security and freedom throughout the world. Rice has proven herself as a significant leader during a time of unprecedented and tumultuous world affairs and is widely considered to be one of the most influential and powerful people in the world.