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Organized retail theft escalated under the Biden administration with 70% of retailers reporting increased crime and an estimated $30 billion in losses every year.
In 2022, retailers reported $112.1 billion in losses, according to the NRF’s Retail Security Survey, and it’s an issue they believe is urgent, with 78.1% of respondents saying organized retail ...
The California mom who pleaded guilty to running an organized retail crime ring that stole millions of dollars in beauty products from Ulta Beauty and Sephora to resell on Amazon will now have to ...
Precise national data on organized retail crime is lacking. Last year, NRF even retracted a claim in one of its reports related to the scale of the crime, which led critics to charge that the ...
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 ...
On Sept. 26, Target set off a national firestorm when it said it would close nine stores in four states because theft and organized retail crime had made them too dangerous to run. Target blamed ...
At issue is a particular type of store theft that loss prevention experts classify as “organized retail crime” or ORC. This isn’t a crime of need where an individual grabs an item or two ...