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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.
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 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 ...
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 ...
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 ...
The $1.4 million scheme Dell and his accomplices carried out is only a drop in the bucket. Retailers suffered more than $112 billion in losses due to shrink last year alone, according to the ...
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 ...
Dell’s case has been one of over 90 involving organized retail theft filed in Florida since 2019, according to the state’s attorney general’s office; Moody launched the Florida Organized ...