Magazine Article | December 18, 2013

How To Be Proactive Against Organized Retail Crime

Source: Innovative Retail Technologies

January 2014 Integrated Solutions For Retailers

By Cindy Dubin, contributing editor

A security professional offers tips on how to protect your retail business from thieves.

Possibly the result of a depressed economy or rising living costs, criminal activity is on the rise, and those criminals are becoming more sophisticated. This is particularly evident in the retail industry where organized retail crime (ORC) gangs have found ways to outwit retailers’ return policies, thwart theft-deterrent strategies, and elude law enforcement.

Although estimated to cost the retail industry close to $30 billion annually, ORC can be fought, and retailers don’t have to remain victims, says Christopher McGourty, founder and CEO of the National Anti-Organized Retail Crime Association Inc. (NAORCA). Here, McGourty discusses how retailers can fight back against ORC.