NRF’s loss prevention community works with retail LP professionals, law enforcement and government agencies to protect retailers, people, assets, reputations and brands. Browse resources and read the latest articles and press releases related to loss prevention.
October 26, 2023
The surge in organized retail crime is significantly impacting consumers, retailers, workers and the communities they serve. In response to this crucial issue, NRF has designated October 26 as Fight Retail Crime Day — an annual event that mobilizes the entire retail business community to advocate for effective solutions in combating this problem.
Conducted in partnership with K2 Integrity, this comprehensive report provides a detailed assessment of U.S.-based ORC groups, their tactics and techniques for theft and resale and their linkages with other types of organized crime.
Organized retail crime is on the rise, and NRF has stepped up its efforts to have Congress address the issue. Learn more about how NRF advocates for legislative proposals that would be effective in fighting retail crime.
This year’s study found that the average shrink rate in FY 2022 increased to 1.6%, up from 1.4% in FY 2021. When taken as a percentage of total retail sales in 2022, that shrink represents $112.1 billion in losses. The report also examines drivers of shrink, the increased threat of violence associated with retail crime and other priorities.
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The NRF Fraud Prevention Professionals Working Group brings together retail leaders with responsibility for fraud prevention to discuss their companies’ digital and in-store fraud prevention strategies and operations.