ARLINGTON, Va.--(BUSINESS WIRE)--On December 5th, 2023, the National Retail Federation walked back a bombshell claim about the severity of organized retail crime on inventory shrink rates at big-box ...

If you are like most small to medium size retailers without a smart POS system, you often go years without realizing how large your inventory shrinkage really is. You know that feeling when everything ...

Inventory shrink, including retail theft, is still weighing on Target (TGT). In 2023, Target faced multiple headwinds, as tightening financial conditions dragged down its top and bottom lines. Higher ...

"Shrink" has come up frequently as retailers like Walmart and Target talk about theft at their stores. But shrink is a lot more than theft. Shrink accounts for many types of product loss, from milk ...

Advanced Digital Watermarking Enhances Self-Checkout Security and Reduces Loss Picadeli and Digimarc have joined forces to curb the increasing problem of retail shrink and food fraud in the fresh and ...

Among the many reasons why the topic of organized retail crime confuses people is that the term, also known as ORC, means different things to different stakeholders. Some retailers in recent years ...

Retailing giant Target Corp. says theft and retail shrinkage have become “urgent” issues that are affecting the company’s bottom line. Brian Cornell, Target’s Chairman and CEO said worsening shrink ...

Retailers have long been focused on loss prevention — combatting theft and loss of inventory, either from customers or employees. Recently, enhanced forms of video surveillance, combined with ...