Content about Theft

January 4, 2013
Traffic Intelligence: The Science of Shopper Conversion

By Craig Szklany and Mark Stier, Tyco Retail Solutions

December 27, 2012
Focus on: Loss Prevention

Total losses attributed to retail shrinkage hit $34.5 billion last year, “positioning retail crime as the largest form of property crime,” according to Dr. Richard Hollinger, professor of criminology, law and society, University of Florida, Gainesville, Fla. And it shows no signs of easing anytime soon. Indeed, the rate of shrink remains on a five-year climb, according to the Loss Prevention Research Council (LPRC), Gainesville, Fla.

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.

November 20, 2012
Identity Theft Prevention on Cyber Monday

By Greg Smith, Accudata Technologies

June 26, 2012
Retail theft down slightly in 2011

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
NRF: Organized retail crime continues to rise

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.

November 21, 2011
Books-A-Million implements Checkpoint’s RF EAS solution to reduce shrink

Checkpoint Systems, a leading global supplier of shrink management, merchandise visibility and apparel labeling solutions for the retail industry, announced that it is partnering with Books-A-Million to improve the retailer’s loss prevention program and enhance its customers’ shopping experiences through its electronic article surveillance (EAS) solution.

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.

November 10, 2011
NRF survey: Return fraud to cost retailers $3.5 billion this holiday season

Survey results released Thursday by the National Retail Federation found that fewer retailers expect return fraud rates to grow this holiday season, due in part to stronger checks and balances and to enhanced return policies.

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.

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.

June 17, 2011
Supply chain theft poses major problems for retailers

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.

May 9, 2011
Kroger stepping up in fight against organized retail theft

Kroger Co. is increasing its efforts to stop organized retail theft rings, the Cincinnati Enquirer reported.

February 1, 2011
Counter-terrorism efforts well-worth consideration by retailers

Retail is an evolving business that must constantly adapt to changing consumer demands, technologies and economic and demographic trends.

October 31, 2010
Crowd Management

With the holidays fast approaching, retailers are cooking up ways to draw big crowds....

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 30, 2010
Retail Outlook: Cautiously Optimistic

Smarter. Leaner. Cautiously optimistic. That’s the picture of the retail industry that emerges from...

September 28, 2010
RILA applauds passage of organized retail theft bill

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

September 24, 2010
Prep work, LP involvement make retail events safer

By Eric White, eric.white@wrensolutions.com

Each year, retailers successfully host special events that draw crowds, generate excitement, and drive revenue. In many ways, retailers are the masters of events, putting on thousands each year with no incidents occurring.  Unfortunately, the events most noted in the media are those that go wrong and it only takes one event to do irreparable damage to the brand, trigger litigation, and bring the wrath of the media and unhappy customers.

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...

July 12, 2010
Holland & Barrett uses integrated Checkpoint solution to reduce theft and improve sales

Checkpoint Systems announced that Holland & Barrett, a leading British vitamin, mineral and herbal supplement...

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...

June 9, 2010
Organized retail crime still growing problem for retailers

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

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...

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