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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 ...
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 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 ...
Extortion, racketeering, theft, violence, and property damage are all factors that could hold back a country's development. We took a look at the worst performers on the list.
"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.