Search results
Results From The WOW.Com Content Network
Shoplifting (also known as shop theft, shop fraud, retail theft, or retail fraud) is the theft of goods from a retail establishment during business hours. The terms shoplifting and shoplifter are not usually defined in law, and generally fall under larceny .
The theft was described as the "largest burglary in English legal history". [31] Three years after the burglary, on 28 March 2018, Michael Seed, 57, was arrested after his home in Islington, London, had been searched. He was charged with conspiracy to burgle and conspiracy to conceal or disguise criminal property. [27] [32]
Target claimed in September 2023 that theft and organized retail crime helped drive its $500 million decrease in annual profits. Some store branches of major chains were closed. [9] Theft had risen to $70 billion in 2020, according to the Retail Industry Leaders Association (RILA). A pattern emerged of crime rings consisting of two parts ...
Shopkeeper's privilege is a law recognized in the United States under which a shopkeeper is allowed to detain a suspected shoplifter on store property for a reasonable period of time, so long as the shopkeeper has cause to believe that the person detained in fact committed, or attempted to commit, theft of store property. [1]
A store detective (also known as Asset Protection Investigator, undercover shopper, Loss Prevention Detective, and Asset Protection Specialist) is a member of loss prevention whose main role is to prevent and detect theft (commonly known as shoplifting) and reduce shrink in retail outlets. [1]
A 1999 study commissioned by the U.S. Department of Justice's National Institute of Justice estimated that parts marking reduced the rate of professional car theft (with "between 33 and 158 fewer cars" being "stolen by professional thieves per 100,000 cars that were marked between 1987 and 1995"), inhibiting chop-shop operations.
Shop thefts and voyeurism were among the cases that showed an uptrend. The rise in shop theft came after the widespread adoption of self-checkout counters in supermarkets. Most of the voyeurism and outrage of modesty cases were perpetrated by persons known to victims, in residential and public settings.
Owners of small, independent book stores find shoplifting particularly bothersome. According to Paul Constant, a Seattle book-store employee, "I know a few booksellers who have literally been driven a little bit crazy at the thought of their inventory evaporating out the door, and with good reason: An overabundance of shoplifters can put bookstores out of business.