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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 .
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.
While crime has generally been trending downward to pre-2019 levels, one type has unfortunately bucked the trend: retail theft. During the first half of 2024, shoplifting was up 24% over the same ...
"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 ...
More than a dozen suspects are facing charges in connection with a retail theft ring in South Florida that racked up more than $20 million in losses this year alone, Miami-Dade officials said ...
A flash rob, also known as a multiple offender crime or flash mob robbery, is an organized form of theft in which a group of participants enter a retail shop or convenience store en masse and steal goods and other items.
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 ...
In the retail industry, sweethearting is a form of theft by employees at the cash register, where they give away merchandise to a "sweetheart" customer (such as a friend, family member or fellow employee). Cashiers are able to do this in numerous ways, including: [1] Scan avoidance; Price overrides; Refund fraud, gift card fraud; Void fraud ...