Content about Crime

February 14, 2013

Tiffany files suit against Costco for trademark infringement

Tiffany & Co. has filed suit against Costco Wholesale Corp., alleging alleges trademark infringement, dilution, counterfeiting, unfair competition, injury to business reputation, false and deceptive business practices and false advertising.

New York -- Tiffany & Co. has filed suit against Costco Wholesale Corp., alleging alleges trademark infringement, dilution, counterfeiting, unfair competition, injury to business reputation, false and deceptive business practices and false advertising. Tiffany said it filed the suit “to prevent further sales of counterfeit diamond engagement rings and for damages associated with prior sales.”

November 20, 2012

Identity Theft Prevention on Cyber Monday

By Greg Smith, Accudata Technologies

By Greg Smith

As companies brace themselves for the recently added holiday known to American shoppers as Cyber Monday, they should be aware of the potential security threats looming with the activity centered around the largest online shopping day of the year.

October 18, 2011

Report: Global shrink up 6.6%

Philadelphia -- A report released Tuesday by Checkpoint Systems and the Centre for Retail Research found that global shrink has reached its highest level since it began measuring the data in 2007.

According to the Global Retail Theft Barometer, shrink is up 6.6% globally and up 6% in the United States over last year. Costs globally are $119 billion and the overall shrink rate is 1.45% of sales. Driving the increases are rises in shoplifting, employee fraud and organized retail crime rates.

October 6, 2011

RILA study: Retail crimes continue to rise

A report released Thursday by the Retail Industry Leaders Association found significant increases in shoplifting and pharmacy theft, in particular.

Arlington, Va. -- A report released Thursday by the Retail Industry Leaders Association found significant increases in shoplifting and pharmacy theft, in particular. According to RILA’s 2011 Crime Trends and Leading Practices Survey, more than half of respondents reported an increase in the frequency with which organized rings committed shoplifting, and 41% saw an increase in shoplifting by individuals acting alone.

Sixty-four percent of respondents reported an increase in theft of pharmaceutical products.

February 1, 2011

Counter-terrorism efforts well-worth consideration by retailers

Retail is an evolving business that must constantly adapt to changing consumer demands, technologies and economic and demographic trends.

By Eric White, Doug Reynolds and Michael Rozin

Retail is an evolving business that must constantly adapt to changing consumer demands, technologies and economic and demographic trends. Retailers are extremely adept at this, and are perpetually reinventing the way they do business, both in terms of interactions with consumers and also how they streamline operations. This is a requirement for successful retailers because, like it or not, everything impacts retail: technology, weather, politics and even terrorism.

July 11, 2010

Blockbuster names chief restructuring officer

Blockbuster Inc. has named Jeffery Stegenga as its chief restructuring officer, the Wall Street Journal...

March 29, 2010

Court affirms dismissal of RICO charges in Ralphs case

Circuit court judges affirmed the dismissal of racketeering claims against Kroger Co. alleged in a...

March 29, 2010

Hacker gets slapped with 7-year prison sentence

A federal judge in Boston has sentenced a Florida man to seven years in prison...

March 21, 2010

EBay, NRF team up to fight organized retail crime

EBay and the National Retail Federation trade group said Monday they are collaborating, with support...

January 26, 2010

New retail, FBI partnership provides crime retail data to law enforcement officers

Hundreds of thousands of law enforcement officers around the country will gain instant access to...

November 12, 2008

Global Theft Costs Retailers, Consumers $104B Annually

The level of global retail theft reached $104.5 billion in the past year, leading to...

May 26, 2008

Mistrial Denied to Former CVS Execs

A judge has denied a mistrial for two former CVS executives, the company said on...

May 18, 2008

MTI-Andrews Introduces Encrypted Key to Prevent Retail Theft

Hillsboro, Ore.-based MTI-Andrews has introduced a “SmartKey,” a new, programmable, encrypted key and switch system...

November 30, 2007

Outplaying Predators

No retailer wants to admit it has a shrink problem, and Pleasanton, Calif.-based Safeway Inc....

November 30, 2007

Top 50 Cities Victimized by Identity Theft in 2006

RankingCityPopulation Estimate July 20061Phoenix1,512,9862Riverside, Calif.293,7613Las Vegas552,5394Miami404,0485Dallas1,232,9406Sacramento, Calif.453,7817San Francisco744,0418Los Angeles3,849,3789Houston2,144,49110San Antonio1,296,68211Orlando, Fla.220,18612San Diego1,256,95113San Jose, Calif.929,93614Atlanta486,41115Denver566,97416Austin, Texas709,89317Memphis,...

November 14, 2007

Private-Equity Firm to Acquire Agent Provocateur

London, 3i Group...

October 24, 2007

Retailers Seek Action Against Organized Crime

Washington, The Coalition...

October 1, 2007

Computer-Aided-Tracking Helps Reduce Shrink

Cambridge, Mass. -...

June 30, 2007

Retail Losses Hit $41.6B in 2006

Retailers will find little to cheer about in two recent crime surveys by the National...