Connect with us

Press Releases

Organized Retail Crime Is Rising — How Lawmakers Are Fighting Back

It’s a ‘multi-billion dollar problem’ affecting retailers of every size.

mm

Published

on

(PRESS RELEASE) Retailers are reporting an increase in organized theft rings, and lawmakers in at least one state are working to bring them down, AZFamily.com reports.

Organized retail crime is loosely defined as the online selling of merchandise that’s stolen from businesses. Sometimes, theft rings will recruit individuals to do the stealing. A theft ring in North Carolina was recently busted when authorities charged its participants with pilfering goods from local retailers and flipping them via Facebook and Snapchat.

The Home Depot is one such retailer that is being impacted by this kind of criminal activity. The article quotes Mike Combs, the company’s director of investigations, who has observed the most brazen kind of theft.

“What we focus on is the people that come in and take shopping carts full, thousands of dollars worth of product, and many times they’re aggressive,” he said.

For their part, lawmakers in Arizona are working on a bill that would create a specialized task force that is dedicated to organize retail theft.

“It’s a multi-billion dollar problem,” a spokesperson for the Retail Industry Leaders Association told the news outlet. “With the anonymity of the internet, it’s hard to track who these people are. They hide behind bogus business information and fake screen names, and so it’s just a growing threat that’s impacting retailers of all sizes.”

Advertisement

Read more at AZFamily.com.

SPONSORED VIDEO

SPONSORED BY VARILUX

The Best Overall Progressive Lens, Now Powered by AI

Engineered with Behavioral Artificial Intelligence and utilizing new XR-motion™ technology, Varilux XR series goes beyond prescription and eye physiology to consider the patient’s visual behavior and design a progressive lens that respects how
their eyes naturally move.

Varilux XR series comes in two versions, Varilux® XR design and Varilux® XR track. The Varilux XR track lens provides an additional level of personalization by incorporating the exclusive Near Vision Behavior Measurement, providing up to 25% more near vision width3 according to the patient’s need, so patients get the highest level of customization.

Discover Varilux XR series and enjoy instantly sharp vision in motion4 and seamless transitions from near to far.

For more information, visit here.

Promoted Headlines

Most Popular