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    • 66f41a7938023d4b593269ca Organized Retail Crime
    1. Whitepapers

    How Organized Retail Crime is Threatening the Retail Industry

    Oct. 4, 2024
    Organized Retail Crime (ORC) is a growing threat to the retail industry, with average case costs reaching $244,509. See how retailers can combat ORC, maintain customer safety, and enhance loss prevention efforts.
    Related To: OpenEye

    Organized Retail Crime (ORC) is no longer a problem retailers can afford to ignore. This systematic theft, conducted by coordinated groups for significant financial gain, is escalating at an alarming rate. Since 2020, we've seen consistent yearly growth in theft cases, with a notable 3.7% increase from 2022 to 2023 alone. How can retailers protect themselves while ensuring a safe and enjoyable shopping experience for their customers? The solution may lie in modern, tactical security measures. Discover the profound impact ORC is having on the retail industry and the innovative security solutions that can combat it.

     

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