In 2013, a small group of Texas Retailers Association members came together with a common problem: Their businesses were targets of a widespread crime spree (theft of plastic containers/pallets) that spanned the entire city of Houston, Texas. The increasing frequency and the amount of containers/pallets of these crimes was a cause for alarm. However, it […]
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May
Organized Retail Crime (ORC) refers to professional shoplifting, cargo theft, retail crime rings and other organized crime occurring in retail environments. ORC crimes cost retailers close to $37 billion a year. Shoplifting In 2015, shoplifting accounted for 38% of retail inventory loss, according to a joint survey by the National Retail Federation and the University […]