Fixing America’s Growing Retail Crime Epidemic
Retail crime has detrimental consequences, impacting the safety of store employees, their job security, sales figures, and the overall health of businesses. These consequences manifest as less secure environments for businesses, employees, and consumers to thrive, as well as locked products, reduced sales and inventory losses.
A recent survey found that nearly two-thirds (61%) of retail employees are at least somewhat concerned about their personal safety at work, citing incidents of theft (64%), grab and run incidents (44%), loitering (42%), organized retail crime rings (22%), vandalism (17%) and more that had occurred in their stores in the past year. When employee safety is at risk, it’s about more than just petty theft alone.
Often referred to as organized retail crime (ORC), there exist career criminals and organized groups who engage in theft on a daily basis, frequently targeting the same locations and stores. ORC has become a significant concern, made worse by an increase in violent incidents. In 2022, 81% of respondents reported that ORC offenders had become more violent, and compounding that in 2023, more than 67% said they were seeing even more violence and aggression than they had the year before.