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NRS Takes a Stand Against Retail Crime! Retail crime is a serious issue, and NRS is committed to helping businesses fight back. We're proud to announce the launch of our nationwide panic alarm service! This innovative solution provides retailers with a discreet way to call for help in dangerous situations, deterring theft and keeping employees safe. Read more about this important new service in the Digital Journal article below: #Retail #LossPrevention #Shoplifting #NRS

The 2023 National Retail Federation Retail Theft study revealed that retail shrink amounted to over $112 billion in 2022, with theft constituting two-thirds of that figure. Moreover, 78% of retailers surveyed emphasized that addressing organized retail crime had become a more significant focus than the previous year. #Retail #LossPrevention #RetailTrends

Battling retail theft and shrink with TSA-type exits?! Grocers are deploying different strategies to battle shrink, with technology, or people. 🕵♂️ Lidl GB is trying body worn cameras on their employees 🕵♂️ Woolworths NZ Auror’s Retail Crime Intelligence Platform works alongside stores’ security teams and law enforcement and shares intel in real-time that zeroes in on suspected thieves to help minimize crime.  🕵♂️ Loblaw Companies Limited requires customers to scan their receipts before exiting the store to prove that they have paid for all their items, or the gates don't open...like TSA Chris Walton Joe Coll The Auror solution resulted in 60% of high-profile offenders who stopped offending in stores and reducing loss by 20%. The Loblaws Inc TSA-type solution in running into some resistance with their customers (understandable), but exits and point of sales areas need to be "reimagined" to incorporate both security and less friction for the customer. RETHINK Retail Read Hayes, PhD Chad McIntosh Cory Lowe Bill Hardgrave Jonathan Aitken Greg Buzek Hitha Herzog John-Pierre Kamel Sharon Gai 🦾

With the average shrink rate in retail representing $112.1 billion in losses, independents must do all they can to prevent shrink — especially theft — at the front end. Grocers can make great progress in reducing theft at the front end using these four tips. #groceryshrink #retailgrocery

#Retailers reported a 93 percent increase in the average number of shoplifting incidents per year in 2023 versus 2019 and a 90 percent increase in dollars lost due to shoplifting over the same time period, according to a new study released by the National Retail Federation (NRF). Conducted in partnership with the Loss Prevention Research Council and sponsored by Sensormatic Solutions, “The Impact of Retail Theft & Violence 2024” examines how theft and violence have evolved since before COVID-19 and how retailers are combating today’s retail crime landscape. “Retailers continue to navigate a rising retail theft landscape that has evolved significantly over time,” said NRF Vice President for Asset Protection and Retail Operations David Johnston. “Protecting store associates and customers, coupled with reducing today’s levels of violence and retail crime, requires a whole-community approach and collaboration across all stakeholders.” #RetailCrime #LawEnforcement #Pandemic #Violence #Safety

As retailers grapple with shrink and theft, the data used to measure these issues is becoming increasingly unreliable, and we're left with more questions than answers. While organized retail crime, shoplifting, and cargo theft remain concerns, self-checkout policies, locked merchandise, and loss prevention strategies are evolving in response. With fewer retailers reporting shrink data and changing public policy, what’s next in the fight against retail crime? #RetailCrime #Shrink #LossPrevention #RetailTrends #OrganizedRetailCrime #RetailNews

Retail theft surges 93 percent since 2019, with rising violence concerns: New industry study reveals dramatic increase in retail theft and unprecedented levels of violence against store employees. #RetailTheft #Shoplifting #CrimeStatistics #StoreSafety #RetailIndustry

I ran across this recent study & the data is pretty much in line with the challenges being described to us by prospective retail clients. Some highlights: - Increase in Shoplifting: Retailers reported a 93% increase in shoplifting incidents and a 90% increase in dollars lost due to shoplifting from 2019 to 2023. - Violence and Aggression: 73% of retailers observed more violence and aggression from shoplifters compared to the previous year, and 91% compared to 2019. - Employee Training: 71% of retailers have increased their budgets for employee training related to workplace violence. - Organized Retail Crime (ORC): Multi-person theft incidents and ORC are on the rise, with a 57% increase in ORC incidents from 2022 to 2023. - Federal Legislation: 94% of respondents believe federal legislation is necessary to combat organized retail crime effectively. Feel free to reach out if you're looking for help/advice to address similar issues. #lossprevention #shoplifting #theftdeterrence #ORC

"Stop Crime Against Retailers" Campaign Urges Immediate Government Action as Crime Escalates Across Ireland. 100% of Irish Retailers Surveyed Report Being Targeted by Crime in the Past Year: CSNA Demands Urgent Action Tuesday, 22nd October 2024 A ShelfLife Magazine campaign, "Stop Crime Against Retailers", will host a conference at Fallon & Byrne in Dublin, tomorrow, October 23rd. The campaign and conference are calling for immediate government action to combat the alarming rise in crime threatening retailers nationwide. The event, spearheaded by ShelfLife in partnership with the CSNA (Convenience Stores & Newsagents Association), will highlight the urgent need for stronger legislative protections and enhanced Garda response times, as criminal activity continues to cripple the retail sector. A recent ShelfLife retailer survey has revealed that 100% of retailers have experienced criminal activity in the past year, ranging from shoplifting and violent robbery to employee theft and gang intimidation. The findings also indicate that 89% of retailers feel these crimes are becoming more dangerous, underscoring the escalating risks to both businesses and staff. The full research data will be shared with retailers and the trade at tomorrow's event. Vincent Jennings, CEO of the CSNA, will tell the conference: "Retailers are the backbone of our communities, yet they are facing unprecedented levels of crime that threaten their livelihoods. We are calling on the government to act immediately. This isn’t just about theft; it’s about the safety of our business owners, staff, and customers. It’s time to introduce stronger protections." John McDonald, Publisher of ShelfLife, commented:"Retailers are facing a crime epidemic, from shoplifting to violent assaults on staff. The government must act now to ensure faster justice and stronger protections for businesses that are integral to our communities." The event will be attended by more than 100 retailers, along with key figures such as Emer Higgins, Minister of State at the Department of Enterprise, Trade and Employment, Jim O'Callaghan, TD, Fianna Fáil, and Padraic Jones, Chief Superintendent of An Garda Síochána (Legislation & Crime Response). These officials will liste to the concerns of the retail community, who are facing increasing threats to their businesses, staff, and customers.

The lack of a standardized definition for organized retail crime complicates efforts to address shrinkage and theft in the retail sector. Precise terminology is essential for practical solutions. https://bit.ly/43P3Sti Retail Dive #retail #SupplyChain