Jeremy Smith’s Post

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

🔆Walmart is the latest retailer to delve into the Body Worn Camera testing phase. As #OrganizedRetailCrime continues to plague retailers, I anticipate more and more retailers will continue to explore the idea of adding BWC’s for employees. This of course will raise privacy concerns for retailers who have to navigate. 🔋How Can BWCs Help Retailers 🔋 ➡️ Theft Prevention – A visible deterrent to shoplifting and internal theft. ➡️Enhanced Safety – Protecting employees in high-risk situations. ➡️Training Opportunities – Leveraging footage for staff development and customer service growth opoortunities #Retailers #ORC #BodyWornCameras #LossPrevention https://lnkd.in/eMAtZ4z9

#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

Trending- In recent months, the issue of shoplifting has increasingly become a significant concern across the United States. Retailers are grappling with a surge in theft that not only impacts their bottom line but also affects consumer experience and employee safety. Here are some key points on this pressing topic: **1. **Increase in Incidents: Recent reports indicate a marked rise in shoplifting incidents nationwide. The National Association for Shoplifting Prevention (NASP) notes that more than $13 billion worth of goods are stolen from retailers annually, and this trend is escalating. **2. **Organized Retail Crime (ORC): Unlike petty theft, organized retail crime involves coordinated efforts by professional thieves targeting high-value items for resale. This type of crime is more sophisticated and challenging to combat, often requiring retailers to invest in advanced security measures and collaborate with law enforcement. **3. **Impact on Retailers and Consumers: The financial toll on retailers is substantial, with losses sometimes leading to store closures or reduced staff hours. For consumers, this can mean higher prices as businesses attempt to offset their losses. **4. **Technological Solutions: To counteract shoplifting, many retailers are turning to technology. Innovations such as AI-powered surveillance systems, electronic article surveillance (EAS) tags, and facial recognition software are being implemented to deter and detect theft more effectively. **5. **Legislative Responses: In response to the growing problem, some states are enacting stricter laws and increasing penalties for shoplifting and organized retail crime. These measures aim to provide a stronger deterrent and support law enforcement efforts in tackling this issue. **6. **Community Involvement: Retailers are also engaging with local communities to raise awareness and foster cooperation in preventing theft. Community watch programs and partnerships with local authorities can play a crucial role in reducing shoplifting incidents. As shoplifting continues to pose a significant challenge, it is crucial for retailers, law enforcement, and communities to work together in developing comprehensive strategies to mitigate its impact. By leveraging technology, enacting robust policies, and fostering community engagement, we can better address this growing concern and support the sustainability of our retail industry. What strategies have you seen implemented to combat shoplifting effectively? Share your thoughts and experiences in the comments below- Happy Sunday #RetailSecurity #ShopliftingPrevention #OrganizedRetailCrime #RetailTechnology #CommunitySafety

Shoplifting reached an all-time high with 20 million incidents last year, according to the British Retail ConsortiumRetail crime has reached record levels and is “spiralling out of control”, with shop workers increasingly facing threats, assaults and racial and sexual abuse, a survey has found. More than 2,000 daily incidents of ­violence and abuse were reported across the UK in the year to April 2024, up from 1,300 the year before. Theft reached an “all-time high” with 20 million incidents last year, costing retailers £2.2 billion, up £400 million on the 2023 figures, according to the British Retail Consortium, a trade association for UK retail businesses

🚔 🚨 New crime stats reveal a concerning trend in shoplifting 🚨 🚔 According to The Independent, incidents have surged to a record high, with nearly half a million offences reported last year. The figures show a significant 29% increase, totaling 469,788 incidents in the year up to June 2024, up from 365,173 the previous year. Additionally, Talking Retail highlights the impact on retail staff, indicating that 18% of shop workers experienced violent attacks, doubling from the previous year's 8%. The severity of these crimes is evident, with weapons and violence being employed to evade capture. Thankfully, #Purchek offers a #NonConfrontational solution to prevent theft, effectively securing stores by immobilizing thieves' trolleys at exits. At #GatekeeperSystems, we prioritize #ProtectingYourPeople, #ProtectingYourProducts, and #ProtectingYourProfits in the face of rising shoplifting incidents. #RetailTheft #Shoplifting #LossPrevention #ShrinkBuster #StopTheft Gatekeeper Systems, Inc. Gatekeeper Systems APAC Gatekeeper Systems Europe Stay informed with the full articles from The Independent (https://lnkd.in/eZGEBReE) and Talking Retail (https://lnkd.in/ehk_kWXE) to understand the gravity of the situation and the solutions available.

The latest release from the Office for National Statistics has shown shoplifting figures at a new record high, reaching almost half a million incidents in the year to March. The official figures are still playing catch up to the reality of what's happening on the ground. 500,000 thefts in the convenience sector alone would equate to less than one incident a month per store (!) The actual extent of theft is more than 10x this, which is why it's so important to keep reporting - only then will the police get a more accurate picture of what's going on. https://lnkd.in/dPDuAff9

A recent article by The Daily Mail highlights the alarming findings from the Channel 4 Dispatches documentary, Britain's Shoplifting Gangs Exposed. The documentary reveals how retailers across the UK are increasingly being targeted by sophisticated Organised Retail Crime (ORC) gangs.   Pushouts are an increasingly common and costly form of retail theft, where criminals orchestrate large-scale theft operations and walk out of stores with unpaid goods in shopping trolleys. This type of theft not only results in significant financial losses but also disrupts daily operations for retailers.   To address this growing challenge, we're offering innovative solutions like our Purchek® technology that stops theft in a safe, non-confrontational way. 🛒 ❗   By combining advanced technology, staff training, and visible deterrents, retailers can better protect their stores while ensuring a positive shopping experience for customers.   To discuss how we can help and support your business, please reach out to us for more information.   #Retailers #Pushouts #TheftPrevention #Technology #ROI #ORC #CrimePrevention   https://lnkd.in/erayqEtC

❗ #StoreManagers #RegionalManagers #Retailers #StoreEmployees ❗ Organised Retail Crime continues to evolve, do not overlook the real impact of theft on your business! 📉 This BBC News article highlights how thieves are sneakily stealing for you every day: https://lnkd.in/ev5s-afP Our #Purchek system detects covert thieves who pose a significant threat to retailers. While visible criminals cause damage, it's those you trust that can be the most detrimental. #Purchek secures trolleys, alerts security, and offers a 'Snap-Shot' add-on for video evidence. 📸 If you're looking for a game-changing loss prevention solution? Purchek is the answer. Message us now for details! 📈   #ProtectYourPeople. #ProtectYourProducts. #ProtectYourProfits. NBCS - National Business Crime Solution Sarah Bird Gatekeeper Systems, Inc. Gatekeeper Systems APAC Gatekeeper Systems Europe #RetailTheft #GatekeeperSystems #OrganisedRetailCrime

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