As consumers grow tired of retailers’ increasing utilization of locked display cases, cable ties and electronic tags, many are switching to digital channels to eliminate this major friction point, Amazon CEO Andy Jassy noted. On the eCommerce giant’s earnings call Thursday (Aug. 1), Jassy spoke...
Shoplifting surged by 30% in England and Wales over the last year, a government agency reported Wednesday (July 24). Leaders of a retail trade union and a convenience store trade association attributed the increase in part to insufficient police presence and a too-high threshold for...
Crypto is as crypto does. And crypto is, by all appearances, trying to do better. The European Union’s (EU) landmark Markets in Crypto-Assets Act (MiCA) framework is now live, and Web3 companies are already complying, a fact which industry observers believe could represent the start...
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...
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...
July 24, 2024
Shoplifting surged by 30% in England and Wales over the last year, a government agency reported Wednesday (July 24). Leaders of a retail trade union and a convenience store trade association attributed the increase in part to insufficient police presence and a too-high threshold for prosecuting shoplifters. There were 443,995 shoplifting offenses reported during the […]
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...
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,...
