by Mike Duff | Sep 27, 2023 | Retail Articles
Target is closing nine stores across four states effective October 21 because theft and organized retail crime are threatening the safety of staff and employees, the company has announced, citing it as a contributing factor to unsustainable business performance. The...
by Mike Duff | Sep 27, 2023 | Featured News, Retail Articles
With incidents of retail crime escalating throughout the United States and associated financial losses mounting for store operators, the National Retail Federation reported shrink in 2022 rose to $112.1 billion, up from $93.9 billion in 2021. As detailed in the 2023...
by Mike Duff | Apr 17, 2023 | Featured News, Retail Articles
A new report released by the National Retail Federation details ways in which organized retail crime functions to facilitate illegal activities and evade law enforcement. NRF developed the report, Organized Retail Crime: An Assessment of a Persistent and Growing...
by Mike Duff | Jan 7, 2022 | Retail Articles
The ongoing COVID-19 pandemic helped drive Walgreens Boots Alliance to a Wall Street beat on earnings and sales in the first fiscal quarter, with a strong retail performance partly attributable to coronavirus testing and vaccinations. In the course of a first-quarter...