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 ...
Sourcing Journal on MSN2d
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' ...
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 ...
Boston Herald9d
Fotis: Retail theft needs law-and-order approach
Further complicating matters is the rise of organized retail crime (ORC), which involves sophisticated, coordinated groups that systematically steal large quantities of goods for resale through ...
Las Vegas Review-Journal10mon
‘Not your recreational shoplifting’: Feds putting more heat on organized retail theft
The proposed Bipartisan Combating Organized Retail Crime Act, targets individuals or groups involved in organized retail theft, with coordinated thefts of merchandise that can be resold at a lower ...