Victims of Organized Retail Theft

According to a survey by the National Retail Federation, 92 percent of retail respondents said that they have been a victim of organized retail crime groups, up from 84 percent a year ago.

The economic recession and employee lay-offs are believed to have contributed to the increase in theft from retail stores. The stolen goods are then sold at discounted prices online or at swap meets.

 

1 thought on “Victims of Organized Retail Theft”

  1. Source: Ian Sherr, “Organized theft up against retailers – US study,” Reuters, June 10, 2009.

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