June 9, 2015

More than1.2 million shoplifters and dishonest employees were apprehended in 2014 by just 25 large retailers who recovered over $225 million from these thieves, according to the 27th Annual Retail Theft Survey conducted by loss prevention and inventory shrinkage control consulting firm Jack L. Hayes International.

June 2, 2015

The answer to the questions above may not be as obvious as one would think. Retailers not only suffer losses in the billions, but they also must spend millions in an effort to thwart this behavior.

March 24, 2015

Sephora has chosen Vector Security as its partner while it focuses on technology upgrades to enhance loss prevention in its North American locations.

December 30, 2014

Global retail shrinkage improved by 4.8% last year, thanks to strengthened loss prevention efforts and general economic improvements.

November 12, 2014

A recent survey by the National Retail Federation found that 20 to 40 % of small and mid-sized retailers’ annual sales occur within the last two months of the year.

November 6, 2014

Shrink—including shoplifting, employee or supplier fraud and administrative errors—cost the global retail industry more than $128 billion last year, with $42 billion lost in the United States alone. 

March 6, 2014

The U.S. Secret Service has reportedly arrested three members of a family living in Northbrook, Ill., for running a sophisticated shoplifting ring that stole items from stores ranging from Maryland to Texas during the past 10 years.

November 12, 2013

Shrink, comprised of shoplifting, employee or supplier fraud, organized retail crime and administrative errors, cost the retail industry more than $112 billion globally last year, and represented 1.4% of retail sales, on average, according to the 2012-2013 Global Retail Theft Barometer.

September 11, 2013

The Home Depot, Inc. is reportedly being sued in California Superior Court for unfair, arbitrary attempts to collect damages from customers accused of shoplifting.

December 3, 2012

Retailers in the United States are expected to lose $8.9 billion over the holiday season as a result of shoplifting, dishonest employees and vendor or distribution losses, according to a new study released by the Centre for Retail Research.

November 21, 2011

More than 50 professional shoplifters have been arrested in an undercover operation in the Chicago area, the Chicago Tribune reported.

October 18, 2011

Philadelphia -- A report released Tuesday by Checkpoint Systems and the Centre for Retail Research found that global shrink has reached its highest level since it began measuring the data in 2007.

According to the Global Retail Theft Barometer, shrink is up 6.6% globally and up 6% in the United States over last year. Costs globally are $119 billion and the overall shrink rate is 1.45% of sales. Driving the increases are rises in shoplifting, employee fraud and organized retail crime rates.

October 6, 2011

A report released Thursday by the Retail Industry Leaders Association found significant increases in shoplifting and pharmacy theft, in particular.

June 28, 2011

Retailers lost $37.14 billion to theft last year, or 1.58% of retail sales, up from 1.44% in 2009, according to preliminary results of the National Retail Security Survey.

October 18, 2010

Global retail theft totaled $107.3 billion in 2010, representing a 5.6% decrease from the prior...

September 21, 2010

In a letter sent Wednesday, the Retail Industry Leaders Association (RILA) urged U.S. House of...

June 14, 2010

A report released Tuesday by the National Retail Federation found that retail shrinkage decreased to...

March 2, 2010

Crime at nationwide retailers continues to rise, according to the “Current Crime Trends” survey conducted...

January 26, 2010

K&G Fashion Superstore, a subsidiary of The Men’s Wearhouse in the United States and an...

December 8, 2008

Besides having a negative impact on consumers’ spending confidence, the economic downturn is now being...

November 12, 2008

The level of global retail theft reached $104.5 billion in the past year, leading to...

August 19, 2008

A federal grand jury has charged seven people with selling nearly $8 million worth of...

June 11, 2008

Discount retailer 99 Cents Only Stores said Wednesday that its fiscal fourth-quarter loss widened due...

June 5, 2008

Police in San Jose, Calif., along with the IRS and FBI, announced more than a...