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Thu, August 15 2024
It takes only minutes inside an urban US drugstore to see the evidence of today’s challenging retail climate. Everyday items, from deodorant to cosmetics, are locked inside cabinets.
A security officer strolls nearby. On the heels of rough COVID-19 years, many retailers are struggling to operate profitably and safely amid increasing crime. Business conditions vary widely according to geography and business type but there are some alarming trends.
While not entirely new, organised retail crime (ORC) – large scale retail theft with the intent to sell, distribute or return stolen goods for their cash value – is on the rise.
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