How to Mitigate Organized Retail Crime This Holiday Season

Dealing with organized retail crime (ORC) is one of the major challenges for loss prevention programs across the country. Now that holiday and Black Friday shopping are fast approaching, ORC is likely a primary concern for your retail business.

Why are most retail businesses concerned? ORC costs the retail industry about $30 billion each year, according to the 2016 Organized Retail Crime Survey, an annual survey conducted by the National Retail Federation (NRF).

Moreover, the problem is growing. For the first time, 100 percent of the retailers surveyed by the NRF said they have been victims of organized retail crime, up from 97 percent in 2015. In addition, 83 percent of the retailers surveyed reported an increase in ORC year-over-year. Read more

Shoplifting Rises During April School Vacation

iStock_000084928009_SmallAs that old saying goes, April showers bring May flowers. April also brings kids a week off from reading, writing and arithmetic.

In New England (with the exception of Connecticut and New Hampshire) spring vacation week is typically the third week in April. Without the structure of school, teens will be looking for fun things to do to occupy their time.

Unfortunately, some kids may turn to other types of not-so-fun activities. In the United States, shoplifting and arrest rates increase when students are off from school including during April school vacation.

When they don’t have regular routines, teens typically hang out at the local mall. No merchant is immune as shoplifting juveniles will steal from all kinds of stores, including big box stores, department stores, supermarkets, drug stores, and even convenience stores.

Teenagers may steal items from merchants for the thrill of it, or to impress their friends. Some of the most common items teens will steal include clothing, books, music, jewelry and anything they can fit into their pockets or purses. Read more