The National Retail Federation (NRF) released a statement from David French, executive vice president of government relations, following the House Judiciary Committee’s markup of H.R. 2853, the Combating Organized Retail Crime Act. “ORC continues to be a multifaceted problem, afflicting …
Read More »Tag Archives: retail theft
Study Finds Retail Theft and Violence Reach New Heights
Levels of theft and violence are increasing in the retail industry, according to a new study released by the National Retail Federation (NRF) and the Loss Prevention Research Council and sponsored by Sensormatic Solutions. The Impact of Theft & Violence …
Read More »Retail Theft Epidemic Prompts Action
Retailers across the U.S. have reported a 93% increase in the average number of shoplifting incidents per year in 2023 versus 2019, and a 90% increase in dollar loss due to shoplifting during the same period, according to the Impact …
Read More »Mitigating the Consumer Impact of Retail Theft
With headline after headline warning of the rapid increase of retail theft and other related crimes, retailers have been working toward mitigating the negative impacts of these crimes on their operations and their bottom lines. While it’s clear how retail …
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