Checkpoint Systems is a major sponsor of the NRF 2010 Loss Prevention Conference
Just ahead of its annual Loss Prevention Conference, the National Retail Federation has released its Annual Survey of Organized Retail Crime.
Overall Trends
Based on their survey of 124 senior Loss Prevention Executives:
- ORC costs American retailers $15-$30 billion per year
- Specific numbers are difficult to verify
- 89.5% said they’d been a victim of Organized Retail Crime in the past year
- 58.9% saw an increase in ORC activity over the past 12 months
Top Cities Affected by Organized Retail Crime
All agree that this is a significant nationwide problem. This list is based on the response of senior LP professionals surveyed by the National Retail Federation.
The list is in alphabetical order
• Baltimore, MD/Washington, DC/Northern VA
• Chicago, IL
• Dallas, TX
• Houston, TX
• Los Angeles, CA
• Miami/Ft. Lauderdale, FL
• New York, NY/Northern NJ
• Philadelphia, PA
• San Francisco, CA
• Tampa/Orlando, FL
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You can do something about shoplifting! American Theft Prevention Products has tools to help retailers combat shoplifting. Visit www.AmericanTheftPrevention.com or call 866-416-0999 or 847-972-6540.
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Tags: loss prevention, National Retail Federation, Organized Retail Crime, shoplifters
June 11, 2010 at 8:24 pm |
Many of the thefts are made possible through management’s failure to establish and maintain basic financial controls. Being alert and paying attention to suspicious activity goes a long way as the majority of thefts are still by employees in concert with outsiders.