Organized Retail Crime in Focus
Fighting ORC is possible, but without a holistic view and fully resourced corporate security teams and law enforcement partners, it can be an uphill battle.
This article was originally featured in Security Magazine
We’ve become all too familiar with the social media videos capturing a shoplifter running out of the store with a haul of baby formula, razor blades or detergent as retail associates look on.
Most often, these crimes are carried out by individuals, seizing a quick opportunity for personal financial gain. Increasingly, however, retailers and policymakers say they’re fighting something bigger: organized crime groups conducting highly sophisticated operations to seize large quantities of merchandise that can be used to benefit the group, or potentially funneled to criminal and militant groups around the world.
According to the National Retail Federation, organized retail crime (ORC) is “the large-scale theft of retail merchandise with the intent to resell the items for financial gain. ORC typically involves a criminal enterprise employing a group of individuals who steal large quantities of merchandise from a number of stores and a fencing operation that converts the stolen goods into cash.”
For the complete article, check out Security Magazine