Content about Shoplifting

March 6, 2014

The U.S. Secret Service has reportedly arrested three members of a family living in Northbrook, Ill., for running a sophisticated shoplifting ring that stole items from stores ranging from Maryland to Texas during the past 10 years.

Northbrook, Ill. – The U.S. Secret Service has reportedly arrested three members of a family living in Northbrook, Ill., for running a sophisticated shoplifting ring that stole items from stores ranging from Maryland to Texas during the past 10 years.

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.

September 11, 2013

The Home Depot, Inc. is reportedly being sued in California Superior Court for unfair, arbitrary attempts to collect damages from customers accused of shoplifting.

Atlanta – The Home Depot, Inc. is reportedly being sued in California Superior Court for unfair, arbitrary attempts to collect damages from customers accused of shoplifting.

According to Bloomberg, a California man filed a class action suit against Home Depot on Sept. 5 after receiving two letters from the retailer’s law firm threatening criminal prosecution if he did not pay hundreds of dollars in damages for taking work gloves worth about $8, which he says he did not steal.

December 3, 2012

Retailers in the United States are expected to lose $8.9 billion over the holiday season as a result of shoplifting, dishonest employees and vendor or distribution losses, according to a new study released by the Centre for Retail Research.

Thorofare, N.J. -- Retailers in the United States are expected to lose $8.9 billion over the holiday season as a result of shoplifting, dishonest employees and vendor or distribution losses, according to a new study released by the Centre for Retail Research. In total, the losses could represent a 4% increase over the same period last year.

November 21, 2011

More than 50 professional shoplifters have been arrested in an undercover operation in the Chicago area, the Chicago Tribune reported.

New York City -- More than 50 professional shoplifters have been arrested in an undercover operation in the Chicago area, the Chicago Tribune reported.

The stings began in mid-October and were conducted in freestanding suburban stores, as well as stores on Michigan Avenue in Chicago and two local malls.

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.

October 18, 2010

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

September 21, 2010

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

June 14, 2010

A report released Tuesday by the National Retail Federation found that retail shrinkage decreased to...

March 2, 2010

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

January 26, 2010

K&G Fashion Superstore, a subsidiary of The Men’s Wearhouse in the United States and an...

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...

August 19, 2008

A federal grand jury has charged seven people with selling nearly $8 million worth of...

June 11, 2008

Discount retailer 99 Cents Only Stores said Wednesday that its fiscal fourth-quarter loss widened due...

June 5, 2008

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

May 18, 2008

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

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...

October 1, 2007

Cambridge, Mass. -...

June 30, 2007

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

June 30, 2007

Early June was packed with important, not always comforting, survey information. To wit:The enemy within...

April 30, 2007

JDA Software Group Inc. ...