Content about Organized retail crime

November 12, 2013

Shrink, comprised of shoplifting, employee or supplier fraud, organized retail crime and administrative errors, cost the retail industry more than $112 billion globally last year, and represented 1.4% of retail sales, on average, according to the 2012-2013 Global Retail Theft Barometer.

Thorofare, N.J. -- Shrink, comprised of shoplifting, employee or supplier fraud, organized retail crime and administrative errors, cost the retail industry more than $112 billion globally last year, and represented 1.4% of retail sales, on average, according to the 2012-2013 Global Retail Theft Barometer. In the United States, shrink came in at 1.5% of retail sales.

June 6, 2013

Los Angeles, New York and Chicago top the list of the cities with the highest organized retail crime activity, with Miami and Atanta rounding out the top five, according to a study by the National Retail Federation.

Washington, D.C. -- Los Angeles, New York and Chicago top the list of the cities with the highest organized retail crime activity, with Miami and Atanta rounding out the top five, according to a study by the National Retail Federation.

The NRF’s ninth annual Organized Retail Crime (ORC) Survey found that while organized crime has inched down slightly, it remains widespread. Over 90% (93.5%) of retailers said they had been a victim of organized retail crime during the past year, down from 96% the prior year.

June 26, 2012

Despite reporting an uptick in organized retail crime, the National Retail Federation revealed that retail theft rates decreased in 2011, according to preliminary results of the organization's latest National Retail Security survey.

New Orleans — Despite reporting an uptick in organized retail crime, the National Retail Federation revealed that retail theft rates decreased in 2011, according to preliminary results of the organization's latest National Retail Security survey.

June 5, 2012

The number of retailers that fell victim to organized retail crime groups increased in the past year, according to the National Retail Federation’s Organized Retail Crime Survey.

Washington, D.C. -- The number of retailers that fell victim to organized retail crime groups increased in the past year, according to the National Retail Federation’s Organized Retail Crime Survey.

Of the 125 retail companies surveyed for NRF’s eighth annual survey, a record-setting (96%) said their company has been the victim of organized retail crime in the past year, up from 94.5% last year. Another 87.7% said ORC activity in the United States has grown over the past three years.

October 18, 2011

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

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.

June 28, 2011

Retailers lost $37.14 billion to theft last year, or 1.58% of retail sales, up from 1.44% in 2009, according to preliminary results of the National Retail Security Survey.

New York City -- Retailers lost $37.14 billion to theft last year, or 1.58% of retail sales, up from 1.44% in 2009, according to preliminary results of the National Retail Security Survey. The annual survey is conducted by the University of Florida for the National Retail Federation, with funding from ADT Commercial.

As in previous years, employee theft accounted for the largest (approximately 44%) portion of the losses. Shoplifting and organized retail crime was second, with 33%. Administrative errors, vendor fraud and unknown causes make up the rest.

June 17, 2011

Organized retail crime should not be an issue solely addressed at the store level, according to the results of the National Retail Federation’s seventh annual Organized Retail Crime survey.

Washington, D.C. -- Organized retail crime should not be an issue solely addressed at the store level, according to the results of the National Retail Federation’s seventh annual Organized Retail Crime survey. More than half of retailers (49.6%) say they have been a victim of cargo theft in the past 12 months.

June 17, 2011

Atlanta, Chicago and Dallas were identified as the cities most problematic with regard to organized retail crime (ORC) rings, according to the National Retail Federation’s seventh annual Organized Retail Crime survey.

Washington, D.C.  -- Atlanta, Chicago and Dallas were identified as the cities most problematic with regard to organized retail crime (ORC) rings, according to the National Retail Federation’s seventh annual Organized Retail Crime survey. Of the 129 retail companies, 94.5% reported having been the victim of organized retail crime in the past 12 months, up 6% over last year.

The cities most problematic for ORC rings were:

October 18, 2010

Global retail theft totaled $107.3 billion in 2010, representing a 5.6% decrease from the prior...

September 28, 2010

The Retail Industry Leaders Association (RILA) applauded passage in the U.S. House of Representatives Wednesday...

September 21, 2010

In a letter sent Wednesday, the Retail Industry Leaders Association (RILA) urged U.S. House of...

June 9, 2010

Industry partnerships, concerned law-enforcement officers and resilient retailers have done their part in making a...

March 21, 2010

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

March 2, 2010

Crime at nationwide retailers continues to rise, according to the “Current Crime Trends” survey conducted...

January 26, 2010

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

December 8, 2008

Besides having a negative impact on consumers’ spending confidence, the economic downturn is now being...

November 12, 2008

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

July 14, 2008

The National Retail Federation (NRF) and the Food Marketing Institute welcomed Tuesday’s introduction of legislation...

June 5, 2008

Police in San Jose, Calif., along with the IRS and FBI, announced more than a...

November 30, 2007

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

October 24, 2007

Washington, The Coalition...

June 30, 2007

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

June 4, 2006

Minneapolis, Organized retail...