Articles Tagged with ''retail theft''

It’s a balancing act. James Connolly wanted to significantly cut losses while having better images for liability and prosecution use. Tatiana Fokina, on the other hand, wanted to create a secure shopping experience that matches her inventory and customer profile.

The U.S. economy loses $250 billion to counterfeiting each year, but only a fraction of the goods are ever detected and confiscated by the government. 

The industry will lose nearly $9 billion to return frauds this year, with nearly $3 billion of that estimated to come from the holiday season alone. 

Canadian retailers are losing about $4 billion a year to “shrinkage.” 

All of the company's card reading machines have been disabled after 63 stores were discovered to have some compromised PIN readers. 

The higher the wages of retail workers, the less likely they are to steal store merchandise, according to a new study.

According to preliminary National Retail Security Survey findings, retail theft rates decreased to 1.41 percent of retail sales.