Retailers Battling Organized Crime Rings
Organized bands of criminals are stealing retailers and ultimately consumers blind. That’s the bottom line of a new study released by the National Retail Federation.
According to the third annual Organized Retail Crime survey, 79 percent of retailers report having been victimized by organized crime activity within the past year. Seventy-one percent said the pace of organized retail theft has increased over the same period when compared to previous years.
“Despite retailers’ best efforts, organized retail crime continues to proliferate in stores around the country,” said Joseph LaRocca, vice president of loss prevention at the NRF, in a press release.
“Organized retail crime rings are sophisticated and smart, but with the partnerships created between retailers and law enforcement agencies, retailers have a real chance at stopping these criminals dead in their tracks,” he said.
Last month the NRF announced the creation of the Law Enforcement Retail Partnership Network, a secure web-based database that will put retailers and law enforcement agencies on the same page in tracking organized retail crime.
Sixty-one percent of retailers reported having been able to identify and recover merchandise stolen from stores. In many instances the merchandise is discovered at flea markets or through online auction sites, according to the NRF.
Discussion Questions: How aware are retailers of the organized retail crime problem? What have been the most effective ways of combating this crime to date? Do consumers have a role to play in dealing with this issue?