Target is closing nine stores across four states effective October 21 because theft and organized retail crime are threatening the safety of staff and employees, the company has announced, citing it as a contributing factor to unsustainable business performance. The...
Organized retail crime is becoming a more serious issue as affirmed in an onstage discussion between John Furner, Walmart U.S. CEO and National Retail Federation board chairman, and Matthew Shay, NRF CEO, at the organization’s annual security conference. At NRF...
With the subject getting more attention, 55% of consumers believe retail crimes such as shoplifting and looting stores have increased in their community since the onset of the COVID-19 pandemic, according to a National Retail Federation survey. NRF asked consumers a...
