In recent years, the grocery sector has faced a burgeoning challenge: the rising tide of theft and fraud. According to data from the Food Industry Association (FMI), a national trade association for the U.S. food industry, this is the most commonly faced challenge for grocers...
Target will reportedly lower the threshold at which store staff can attempt to stop nonviolent theft. In a new guideline expected to be implemented this summer, the retailer has dropped that threshold to $50 from the previous $100, Bloomberg reported Friday (June 28), citing unnamed...
As retailers look for new ways to save on labor, the disadvantages of going all in on self-checkout are coming to light, with Five Below the latest to pull back on the technology. The discount retailer, which targets Gen Z and Gen Alpha consumers and...
As retailers face ongoing margin pressures from a difficult economic environment, many are growing increasingly concerned about the losses they may be accruing from theft from organized crime gangs. A recent Alameda Police Department news release highlighted $75,000 in recovered retailer property as part of a...
July 19, 2017
The connected car future is more or less becoming the connected car present, and with that changeover, cars are becoming more than they ever have been before. The next iteration of the automobile will be able to buy its own gas, download its own direction, make its own playlist suggestions and, perhaps someday soon, even […]
June 22, 2017
While we tend to associate high-tech fraud with eCommerce thieves, as it turns out, it’s a big ecosystem with room enough for good old-fashioned, smash-and-grab types ready to snatch your...
June 28, 2024
Target will reportedly lower the threshold at which store staff can attempt to stop nonviolent theft. In a new guideline expected to be implemented this summer, the retailer has dropped that threshold to $50 from the previous $100, Bloomberg reported Friday (June 28), citing unnamed sources. Asked about the change by Bloomberg, a Target spokesman […]
March 15, 2024
Despite rampant retail theft forcing many retailers to close their doors, Home Depot has reportedly reaffirmed its commitment to major U.S. cities such as Detroit, Philadelphia and Oakland, California. The home...
February 09, 2024
Walmart and Target are the top funders of a campaign that aims to roll back a California law that critics say has led to a surge in retail theft. This law, Proposition 47,...
January 09, 2024
Last year saw several retailers report that their profits were being hurt by “shrink.” That’s the industry term for lost inventory due to a variety of factors, though much of...
