How Big is the Problem?
Retail loss prevention executives have their hands full, and when it comes to the organized crime gangs that wreak havoc on their stores, their inventory and their bottom line, retailers are getting more aggressive in their efforts to fight the $30 billion problem. According to the National Retail Federation’s 11th annual Organized Retail Crime Survey, which polled 67 senior retail loss prevention executives, nearly all (97%) retailers surveyed report that they have been a victim of ORC in the past year, up from 88.2 percent who said so last year.
“Organized retail crime continues to be an issue plaguing retailers, and there continues to be a need to pass strong ORC legislation that defines the issues and provides law enforcement with the necessary tools to help retailers combat the issue,” said NRF Vice President of Supply Chain and Custom Policy Jon Gold. “These vast and often dangerous crimes are not limited to any state or jurisdiction and are why we continue to push for federal legislation.”
National Retail Federation 2015 Survey
Partnerships between law enforcement and retail investigators are forming to combat the problem. These Alliances share cross jurisdictional information to identify, disrupt, and apprehend Organized Retail Crime (ORC) crews.