Retailers say theft is a big problem, and the underlying causes are complex, from organized criminal rings to law enforcement policy and supply chain targets.
Cargo theft is occurring at multiple points in an item's journey, with the NRF finding that theft "en route from distribution centers to stores" was the top target, at 47.4%; followed by cargo theft at stores, at 42.1%, and cargo "en route from manufacturers to distribution centers," at 35.1%.
Retailers surveyed by the NRF do attribute the greatest portion of shrink to external theft, including organized retail crime. And even though organized retail crime is the biggest component in theft, retailers surveyed do say violence against workers has risen even more. Over thee-quarters say guest-on-associate violence has increased in the past five years, compared to 70.7% saying organized retail crime has increased.
"We've put in incremental security in the stores in the first quarter. Actually, probably we put in too much. We might step back a little bit from that," Kehoe said.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Recalled Gerber baby formula was sent to U.S. retailers after recall began, wholesaler saysThe recalled product was distributed to supermarkets across Alabama, Georgia, Indiana, Kentucky, Ohio, Tennessee, Virginia and West Virginia, Associated Wholesale Grocers said.
Les mer »
Home Depot cuts forecasts, signals weakness ahead for big US retailersHome Depot Inc on Tuesday cut its annual sales forecast and projected a steeper-than-expected decline in profit, stoking fears about inflation-wary consumers trimming discretionary spending as a big earnings week for U.S. retailers rolls out.
Les mer »
Pickleball to replace major retailers like Bed Bath & Beyond at your local mallOther experiences like skydiving and virtual golf have also replaced retailers as mall tenants.
Les mer »
Recalled Gerber baby formula was sent to US retailers after recall began, wholesaler saysAn infant formula recalled over potential bacteria contamination was distributed to retailers across eight states even after the recall begun, according to a release from the FDA.
Les mer »
Retailers Bet on Generative AI to Bring the Fun Into Online ShoppingAt the Shoptalk Europe conference, developers said the technology has the power to take the tedium out of searching for products.
Les mer »
Budget-conscious consumers flattening sales at big retailersBudget-conscious Target shoppers were reluctant this spring to go through with purchases outside what they immediately needed.
Les mer »