retail theft

NRF Welcomes Legislation to Fight Organized Retail Crime, Says Retailers Can’t Afford Losses from Theft During Recession

Washington, DC — The National Retail Federation today welcomed legislation intended to help law enforcement fight the $30 billion-a-year problem of organized retail crime, saying introduction comes at a time when the nation's economic crisis... more »

Shoplifting on rise in tough times

Store clerk Summer Johnson knelt in front of a rack of leather jackets inside the Blanding Boulevard Jagmania outlet and used anti-theft tags and security chains to connect them together."We double-team 'em," she said as... more »

Cracking Down on Sales of Stolen Goods

Washington— The push by retailers for stronger cooperation from flea markets and online marketplaces to police and report stolen merchandise is gaining steam on Capitol Hill.Lawmakers introduced a pair of bills in the House and... more »

NRF Welcomes Legislation Making Organized Retail Crime a Violation of Federal Law

Washington - The National Retail Federation welcomed today's introduction of legislation that would make organized retail crime a federal offense in an attempt to stop a growing problem that costs retailers and consumers as much... more »

Fendi or fake? New site polices purses

New York - It was the peeling hologram sticker in her new Fendi bag that made Chrys Reyna suspicious. She wasn't able to afford the black leather bag's $1,100 retail price, so when she bought... more »

The Cost of Shoplifting

Sarasota, Fla.— Retail theft used to get little attention — and retailers were just fine with that. Little press meant that potential thieves could not figure out how to steal from them and that the... more »

Credit card scam requires no credit card

Before heading out for a weekend trip to Seattle with his wife, Aaron Reed checked his bank account online.Puzzled by a credit card authorization from the Lloyd Center shop Things Remembered, Reed walked to the... more »

You may be paying $400 to $600 a year to offset shoplifting costs

Retail theft used to get little attention and retailers were just fine with that.Little press meant that potential thieves could not figure out how to steal from them and that the public would not learn... more »