May 22, 2023
Via: RetailWireInventory 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 […]
December 23, 2021
Via: RetailWireMuch 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 […]
June 11, 2019
Via: Retail DiveCybercrime 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 […]
August 11, 2016
Via: ConsumeristLet’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 […]
September 21, 2023
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September 25, 2023
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