Content about Shoplifting

December 3, 2012
Holiday shrink to cost retailers $8.9 billion; alcohol tops list of most stolen goods

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
Report: Professional shoplifters in Chicago area targeted in sting operations

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
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.

June 28, 2011
Survey: Retail theft up

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 Barometer finds U.S. shrink down 6.8%

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

September 21, 2010
RILA urges support for organized retail theft legislation

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

June 14, 2010
NRF survey: retail fraud, shoplifting rates down

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

March 2, 2010
Retailers report continued growth in retail crime

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

January 26, 2010
K&G Fashion Superstore selects loss prevention, security solution

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

December 8, 2008
Report: Crime Increases Tied to Economy

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

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...

August 19, 2008
Seven Charged in Organized Retail Theft

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

June 11, 2008
99 Cents Only Stores’ Loss Widens

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

June 5, 2008
Dozens Arrested for Organized Retail Crime in San Jose

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

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....

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...

June 30, 2007
Retail Reality at a Glance

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

April 30, 2007
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JDA Software Group Inc. ...

April 30, 2007
Tried-and-True Loss Prevention

Television’s new drama series, “The Black Donnellys,” recently illustrated how easy it is to foil...

January 31, 2007
Organized Crime Blamed for Jump in Theft

Just when retailers thought they had loss prevention under control, a new wrinkle is adding...

December 31, 2006
AFitting Solution

Some retailers consider fitting rooms to be the real location where most purchase decisions are...