Connect with us

Press Releases

Organized Retail Crime Is Rising — How Lawmakers Are Fighting Back

It’s a ‘multi-billion dollar problem’ affecting retailers of every size.

mm

Published

on

(PRESS RELEASE) Retailers are reporting an increase in organized theft rings, and lawmakers in at least one state are working to bring them down, AZFamily.com reports.

Organized retail crime is loosely defined as the online selling of merchandise that’s stolen from businesses. Sometimes, theft rings will recruit individuals to do the stealing. A theft ring in North Carolina was recently busted when authorities charged its participants with pilfering goods from local retailers and flipping them via Facebook and Snapchat.

The Home Depot is one such retailer that is being impacted by this kind of criminal activity. The article quotes Mike Combs, the company’s director of investigations, who has observed the most brazen kind of theft.

“What we focus on is the people that come in and take shopping carts full, thousands of dollars worth of product, and many times they’re aggressive,” he said.

For their part, lawmakers in Arizona are working on a bill that would create a specialized task force that is dedicated to organize retail theft.

“It’s a multi-billion dollar problem,” a spokesperson for the Retail Industry Leaders Association told the news outlet. “With the anonymity of the internet, it’s hard to track who these people are. They hide behind bogus business information and fake screen names, and so it’s just a growing threat that’s impacting retailers of all sizes.”

Advertisement

Read more at AZFamily.com.

Advertisement

SPONSORED VIDEO

Wilkerson Testimonials | Sollberger’s

Going Out of Business Is an Emotional Journey. Wilkerson Is There to Make It Easier.

Jaki Cowan, the owner of Sollberger’s in Ridgeland, MS, decided the time was right to close up shop. The experience, she says, was like going into the great unknown. There were so many questions about the way to handle the store’s going-out-of-business sale. Luckily for Cowan, Wilkerson made the transition easier and managed everything, from marketing to markdowns.

“They think of everything that you don’t have the time to think of,” she says of the Wilkerson team that was assigned to manage the sale. And it was a total success, with financial goals met by Christmas with another sale month left to go.

Wilkerson even had a plan to manage things while Covid-19 restrictions were still in place. This included limiting the number of shoppers, masking and taking temperatures upon entrance. “We did everything we could to make the staff and public feel as safe as possible.”

Does she recommend Wilkerson to other retailers thinking of retiring, liquidating or selling excess merchandise? Absolutely. “If you are considering going out of business, it’s obviously an emotional journey. But truly rest assured that you’re in good hands with Wilkerson.”

Promoted Headlines

Most Popular