The National Retail Federation announced its annual exposition and conference will take place in-person at the Jacob Javits Convention Center in New York City June 6-8, 2021. In addition, NRF is hosting a virtual event January 12-14, 19 and 21-22, 2021.
The Wall Street Journal recently stated that commercial burglaries have almost doubled in New York City since March 12 when a state of emergency was declared. Reason being, thieves are targeting nonessential businesses that have shuttered locations as a result of government directives or are robbing essential businesses that would likely have more cash on hand. Multiple retail organizations are also reporting an increase in shoplifting attempts and point of sale shrink since the beginning of the coronavirus outbreak. In times like these, as a rise in theft, burglaries and other disturbances are expected, security is more important than ever.
The National Retail Federation welcomed a nearly $500 billion package set for a vote in the Senate that would increase funding for loans to small businesses and provide other economic aid during the coronavirus pandemic.
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.
Organized Retail Crime (ORC) is a serious problem in retail. Even more, ORC has become more organized, and the thefts and frauds that are committed are more complex and lucrative. According to the National Association for Shoplifting Prevention data, there was a significant increase in theft and ORC activity after the events of September 11 and the economic crash of 2008. Read More
This month in Security magazine, meet 13 female executives who are succeeding in security leadership roles. How are they contributing to the safety and success of their enterprise and to the industry? Also, experts discuss radio frequency threats, mental health during the global pandemic, the future of security networking, zero trust, AI and more.