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Items Tagged with 'shoplifting'

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Target set to close 9 stores: The effects of organized retail crime

October 3, 2023

Target cites an increase in ORC as contributing factor leading to an unsafe environment for employees and making business unsustainable.

Integrated Solutions

Organized retail crime in focus

Fighting ORC is possible, but without a holistic view and fully resourced corporate security teams and law enforcement partners, it can be an uphill battle.

Fred Burton

September 8, 2023

Fighting organized retail crime (ORC) requires a holistic and fully resourced enterprise security program.

Retailers recovered over $240 million from shoplifters, employees in 2021

Security Staff

June 2, 2022

Dollar recoveries from shoplifters and dishonest employees increased to 30.7% in 2021, according to Jack L. Hayes International's Annual Retail Theft Survey.

Annual Retail Theft Survey -- More Losses from Shoplifters and Dishonest Employees in 2019

May 5, 2020

More than 348,000 shoplifters and dishonest employees were apprehended in 2019 by 21 large retailers who recovered more than $136 million, says the 32^nd Annual Retail Theft Survey by Jack L. Hayes International.

Supporting Loss Prevention in Retail

Rob Borsch

April 14, 2020

In retail, brick-and-mortar stores experience loss or shrink due to shoplifting, fraud, employee theft and human error. To mitigate against this, many have dedicated loss prevention (LP) personnel who use a variety of tools, including in-store video surveillance systems and point of sale (POS) systems, to deter and investigate theft. But, despite the continued best efforts of LP teams, shrink is on the rise.