retail theft

Fitness Takes the Lead: Dick’s Sporting Goods Emerges as Priority in Consumer Budgets 
Fitness Takes the Lead: Dick’s Sporting Goods Emerges as Priority in Consumer Budgets 
August 23, 2023  |  Earnings

Shoppers are exercising increased prudence in terms of nonessential expenditures. This trend is a hot topic within the retail sector, from everyday grocery shopping to...

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Retail Theft Costs US Merchants Like Walmart and Target $100 Billion a Year
Retail Theft Costs US Merchants Like Walmart and Target $100 Billion a Year
August 22, 2023  |  Retail

“It’s more than shoplifting. It’s organized retail theft,” PYMNTS said at the end of May and it’s an issue that lives on.   U.S. retailers are still...

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Merchants Push for New Laws to Combat Organized Retail Theft
Merchants Push for New Laws to Combat Organized Retail Theft
August 11, 2023  |  Retail

Retailers and trade associations across the country are pushing for state and federal laws to impose harsher penalties for those engaging in organized retail crime....

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Bomb Threat Ransoms Join Retailers’ List of Security Headaches
Bomb Threat Ransoms Join Retailers’ List of Security Headaches
June 25, 2023  |  Retail

Retailers are facing a new breed of scammers using bomb threats to achieve their goals. As The Wall Street Journal (WSJ) reported Sunday (June 25), these criminals...

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Rising Organized Retail Theft Puts Pressure on Profits for Major Retailers  
Rising Organized Retail Theft Puts Pressure on Profits for Major Retailers  
May 31, 2023  |  Retail

It’s more than shoplifting. It’s organized retail theft. That’s been a common narrative for the past few years.  During May, retailers such as Target, Dollar...

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Ulta Beauty Reports Strong Sales Growth Despite Dealing With Retail Theft  
Ulta Beauty Reports Strong Sales Growth Despite Dealing With Retail Theft  
May 26, 2023  |  Retail

Ulta Beauty CEO Dave Kimbell shared the company’s first-quarter results on Thursday (May 25), highlighting a 12.3% increase in sales compared to the previous year....

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Target Faces Profit Losses, Rethinks In-Store Operations Amid Rising Retail Crime 
Target Faces Profit Losses, Rethinks In-Store Operations Amid Rising Retail Crime 
May 18, 2023  |  Earnings

Big box retailer Target has become a focal point for significant theft incidents, which has left a considerable dent in its profits.  Consequently, the retailer,...

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NYC Mayor Eric Adams Says Face Masks Facilitate Shoplifting
NYC Mayor Eric Adams Says Face Masks Facilitate Shoplifting
March 06, 2023  |  Retail

Retailers looking to reduce shoplifting should require customers to remove face masks when entering the store. So said New York City Mayor Eric Adams on...

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Amazon and Walmart Add Tech to Boost Buying and Fulfillment
Amazon and Walmart Add Tech to Boost Buying and Fulfillment
December 09, 2022  |  Retail

Amazon and Walmart are hoping new tech will make the holidays a little less difficult. While no one thought 2022’s busy season was ever going...

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