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Organized Retail Shrinkage

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Organized Retail Shrinkage
Retail shrinkage is the unexplained or unauthorized loss of inventory, merchandise, cash or any other asset from a retail business due to employee theft, shoplifting, organized retail crime, administrative errors and vendor fraud. Organized retail crime has continued to increase in the last year. Criminals are getting more creative in the way they manipulate the retail supply chain. Organized retail crime gangs are using storefronts and the internet to fence stolen goods and retailers are recovering merchandise from a physical location. Organized crime retail has continued to impact retailers at such a large scale that thirty four states have enacted ORC laws in the past year. Until there is are federal laws to combat this increasing criminal

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