Tag: shoplifting

Retail Types, Stores

Does Retail Need a New Approach to Fight Organized Crime?

May 22, 2023

Via: RetailWire

Inventory shrink driven by organized retail crime is expected to reduce Target’s profitability by an additional $500 million this year, the retailer’s CEO Brian Cornell said last week. “The problem affects all of us, limiting product availability, creating a less […]

E-commerce, Retail Types

Is the online marketplace model to blame for the shoplifting spike?

December 23, 2021

Via: RetailWire

Much of the public discussion about the wave of violent smash-and-grab shoplifting raids in major cities has centered around keeping shoplifters out of stores. Yet much of the pilfered product is sold online via Facebook Marketplace, Amazon, eBay, OfferUp and […]

News & Trends

Retail shrink totaled $50.6B in 2018

June 11, 2019

Via: Retail Dive

Cybercrime is an increasing threat faced by loss-prevention teams, and the top issue on the minds of those surveyed. But a majority of those loss-prevention professionals indicated they aren’t often involved in cybersecurity issues. Loss prevention departments are typically called […]


Self-Service Checkouts Turn Us Into Shoplifters Unless We See Ourselves On Screen

August 11, 2016

Via: Consumerist

Let’s face it, shoppers: self-checkout is a common feature, and generally expanding to more retailers. It’s a global phenomenon, which is why researchers in Britain audited transactions to find out the “shrinkage” rate at self-checkouts in several countries, and how […]