Sourcing Journal on MSN16h
NJ Governor Signs Bill Tightening Retail Crime Penalties
New Jersey's governor signed a law allowing the state to more strictly penalize retail crimesters, following in other states' ...
Business Insider1y
A retail group said organized retail crime accounted for 'nearly half' of 2021's $94.5 billion inventory loss. It didn't.
In a remarkable reversal, the industry group has retracted a key statistic about the impact of organized retail crime (ORC) in 2021 after it could not support the figure with firm data.
THE WEEK1y
Why retailers are walking back claims of organized theft
that determined "nearly half" of the merchandise stolen in the U.S. in 2021 was the result of organized retail crime, or ORC. This is defined by the NRF's website as the "large-scale theft of ...
As retail theft crime surges, more Chicago consumers turn to online shopping
Illinois Retail Merchants Association CEO Rob Karr isn’t surprised by the findings of a new study that concludes that local ...
Hosted on MSN19d
Q&A: How Can AI Systems Prevent and Record Retail Theft and Fraud?
Organized retail crime (ORC), fraud and theft continue to plague retailers, despite the development of loss prevention teams, time spent locking up goods and other strategies meant to deter ...
Yahoo Finance1mon
Flock Safety and Zencity Release National Survey Revealing Rising Consumer Concerns Over Retail Crime & Support for Security Technology
today released a new nationwide survey in partnership with Zencity that reveals the growing impact of organized retail crime (ORC) on consumer shopping behavior and broad support for technology to ...