Search results
Results From The WOW.Com Content Network
Organized retail crime (ORC) refers to professional criminal enterprises ranging from regional gangs to international crime rings and other organized crime focusing on retail environments. Operations include truckjacking , shoplifting , smash and grab , cargo theft , and cargo diversion.
The National Retail Federation estimates that retailers lost $40.5 billion to external theft, including organized retail crime, in 2022. That represented about 36% of total inventory losses ...
A 54-year-old Michelle Mack has been sentenced to five years in prison for leading an organized retail crime ring targeting Ulta and Sephora Beauty products. She allegedly hired several women to ...
The company also said that theft incidents involving violence or threats had grown. Other retailers’ strategies, such as self-checkout and low staffing levels, have also unintentionally made ...
That was evident in the case of Linda Ann Been, an Oklahoma woman sentenced to more than five years in prison earlier this month for managing an organized theft ring that federal prosecutors say ...
"Shrink," or retail theft, is a billion-dollar problem for the retail industry. And unlike the popular culture image of a teen shoplifter looking for a rush, the real culprit is often organized ...
San Diego mom Michelle Mack has been accused of masterminding an $8 million retail theft ring that pilfered cosmetics from Sephora and Ulta stores across the country.
Preventing retail theft before it happens — it sounds like a fairy tale, but artificial intelligence could make it a reality. Videos and images of organized "smash-and-grabs" at stores and malls ...