Business
As retailers prepare stores for renewed foot traffic in the return to business on the heels of the COVID-19 pandemic, we need to consider that an increase in organized retail crime activity may result in an epidemic of retail crime as well. According to National Association for Shoplifting Prevention data, there was a significant increase in theft and ORC activity in the aftermath of September 11th and the economic crash of 2008. With much of the product pipeline cut off to many ORC operators these last weeks and months and with the increased desperation of the massive state of unemployment, all signs point to a significant surge in retail theft and ORC activity. The panel of industry experts on this podcast share best practices, lessons learned, and planning recommendations that will benefit every retailer, adding to your loss prevention strategy as you position your stores and associates for this possible new wave of criminal activity.