Articles Tagged with ''organized retail crime''

In an effort to curb violent crimes and retail theft occurring across the state of California and the country, Governor Gavin Newsom has pledged additional funding toward mitigation efforts.

The organized retail crime initiative helps to solve retail theft cases and more effectively target the upstream criminal enterprises fueling them.

The Illinois attorney general has formed a task force comprised of national, state, and local law enforcement as well as large retailers to assess and eliminate organized retail crime in the state.

The 16th annual (Organized Retail Crime) ORC study released by the National Retail Federation found 75% of loss prevention executives at a cross-section of large and mid-sized retail companies said ORC activity had increased in the past year, up from 68% last year. 

U.S. Senator Bill Cassidy, M.D. (R-LA) introduced legislation to fight the online sale of stolen, counterfeit and dangerous consumer products by requiring extensive transparency of large-volume third-party sellers in online retail marketplaces.

Organized retail crime affects almost all merchants and more than two-thirds of those surveyed have seen an increase in the past year, according to the 15^th annual ORC study by the National Retail Federation.

How does Keith White, EVP of Loss Prevention at Gap, Inc., manage security across a vast enterprise?

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.

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


 

“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.