Organized Retail Crime Reported Down
A slightly smaller percentage of retailers have reported themselves victims of organized retail crime in the past year, but the number remains at 89.5 percent. That's according to an annual survey released Thursday by the National Retail Federation.
NRF said that the 89.5 percent number was down from 92.2 percent in last year's survey. The group also said that 50 percent of retailers believe top management "understands the complexity and severity of ORC," up from 48.7 last year.
“The relationships retailers have built with local, state and federal law enforcement agencies are making it harder for felons, but billions are still being lost each year from this exhausting battle with criminals, “ NRF senior asset protection advisor Joe LaRocca said as part of the announcement. “NRF will continue to lead the fight to make sure these criminals are severely punished while federal agents and police continue to wipe out other crime rings.”