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Home » Keywords » organized retail crime

Items Tagged with 'organized retail crime'
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ARTICLES

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Fraud Attempts Expected to Jump 14% During Holiday Season

Between Thanksgiving and New Year's Eve, merchants should expect a 14% increase in fraud attempts.
December 1, 2018
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According to ACI Worldwide, merchants should expect a 14-percent increase in fraud attempts between Thanksgiving and New Year’s Eve 2018. The value of fraud attempts is expected to increase by 17 percent.


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Organized Retail Crime Losses Reach All-Time High

November 19, 2018
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Organized retail crime is continuing to grow, with nearly three-quarters of retailers surveyed reporting an increase in the past year, according to the 14th annual ORC study by the National Retail Federation.


 


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Greg Brumley: The 'Un-Security' Guy

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Diane Ritchey
November 5, 2018
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“My only regret with my career is that I didn’t find this job 20 years ago, although I don’t think I would have been right for the job if I hadn’t had my experiences along the way,” says Greg Brumley, Vice President of Asset Protection and Facilities for Lululemon, the athletic apparel company that’s based in Vancouver, Canada, with 400 retail stores across North America.


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Organized Retail Crime On the Rise

November 17, 2017
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Organized retail crime is continuing to grow, with 67 percent of retailers surveyed reporting an increase in the past year, according to the 13th annual ORC study by the National Retail Federation.


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Retail Shrink Increased to $48.9 Billion in 2016

June 22, 2017
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Thefts from retailers and other inventory “shrink” grew to $48.9 billion in 2016 from $45.2 billion the year before even as budget constraints left retail security budgets flat or declining.


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Retailers Face Increased Threats from Organized Retail Crime

Retailers Face Increased Threats from Organized Retail Crime

December 1, 2016
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Organized retail crime (ORC) continues to grow, with 83 percent of merchants reporting an increase in the past year, according to the National Retail Foundation’s 12th annual ORC study.


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Retailers See Increase in Organized Retail Crime

October 18, 2016
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Organized retail crime is continuing to grow, with 83 percent of merchants surveyed reporting an increase in the past year, according to the 12th annual ORC study by the National Retail Federation.


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Survey Finds Organized Retail Crime Still Prevalent Across the Industry

September 15, 2015
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When it comes to the organized crime gangs that wreak havoc on retail stores, inventory and the bottom line, retailers are getting more aggressive in their efforts to fight the problem.


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Fraudulent Holiday Returns Expected to Rise in 2013

December 6, 2013
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The retail industry will lose an estimated $8.76 billion to return fraud this year, and $3.39 billion during the holiday season alone. Overall, 5.8 percent of holiday returns are fraudulent, up slightly from 4.6 percent last night.


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Shrink in 2012 Cost Retailers $112 Billion, Averaging 1.4% of Sales

November 12, 2013
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Shrink, comprised of shoplifting, employee or supplier fraud, organized retail crime and administrative errors, cost the retail industry more than $112 billion globally last year, according to the 2012-2013 Global Retail Theft Barometer, and represented 1.4 percent of retail sales, on average.


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