retail-crime | iCloud.Info

retail-crime

Lowe's CEO says the 'greatest deterrent' for retail theft is hiring and training workers

Fri, 09/15/2023 - 05:00

Lowe's employee — Earlier this year, Ellison said Lowe's spending on employee compensation had increased by $3 billion since 2018, and would grow by another $1 billion over the next three years.
Jay LaPrete/AP Images

Retail, lowe-s, retail-crime, Shoplifting, retail-theft, Shrink

The main reasons retailers are posting weaker profits this year have nothing to do with theft

Wed, 09/13/2023 - 11:58

A man walks past shelves of items locked behind a case in a grocery store. — The National Retail Federation estimates shrink topped $94 billion in 2021, which would put this year's figure well north of $100 billion if the rate remains the same or increases.
Jahi Chikwendiu/The Washington Post via Getty Images

Retail, retail-theft, Shrink, retail-crime, lowe-s, Target, dicks

Walmart is making an unusual move to deter theft by providing police a workspace inside one of its stores

Fri, 09/08/2023 - 13:22

A police officer stood outside a car. — Aside from deterring shoplifters, the planned workspace in an Atlanta Walmart would provide a spot for police in the area to recharge batteries and do paperwork.
Getty Images

Retail, walmart, Atlanta, retail-crime, Police, Arson, food-deserts

How Tractor Supply managed to shrink theft rates when they're surging almost everywhere else

Thu, 09/07/2023 - 10:39

Shoppers visit a Tractor Supply Co. store in Wisconsin — "Organized retail crime is worse now than I've ever seen it," Tractor Supply Co. CEO Hal Lawton told Insider – but not at his company.
Dominick Reuter/Insider

Retail, tractor-supply, tractor-supply-co, tractor-supply-company, organized-retail-theft, retail-crime, organized-retail-crime

Theft has become such a nightmare for Dollar Tree and Family Dollar stores that they're going to lock up some items and simply stop selling others

Fri, 08/25/2023 - 09:57

Customers shop at a Dollar Tree store on March 04, 2021 in Chicago, Illinois. — Retailers have warned of a jump in organized retail crime.
Scott Olson/Getty Images

Retail, Retail, Crime, dollar-tree, family-dollar, retail-crime, organized-retail-crime

A grocery chain is offering free coffee to cops in an attempt to deter shoplifters

Mon, 08/21/2023 - 07:56

A cashier scans goods at a Waitrose supermarket in London on December 29, 2021 — The initiative was "part of efforts to strengthen relationships and tackle retail crime," a press release said.
Hollie Adams/AFP via Getty Images

Retail, Retail, UK, retail-crime, Shoplifting, Crime, waitrose

Subscribe to retail-crime