ARTICLE
3 January 2024

Retail Shrink & Organized Retail Crime - Mitigating Financial Losses And Lowering Safety Risks

AC
Ankura Consulting Group LLC
Contributor
Ankura Consulting Group, LLC is an independent global expert services and advisory firm that delivers end-to-end solutions to help clients at critical inflection points related to conflict, crisis, performance, risk, strategy, and transformation. Ankura consists of more than 1,800 professionals and has served 3,000+ clients across 55 countries. Collaborative lateral thinking, hard-earned experience, and multidisciplinary capabilities drive results and Ankura is unrivalled in its ability to assist clients to Protect, Create, and Recover Value. For more information, please visit, ankura.com.
Organized retail crime is an escalating threat that demands a coordinated response from retailers, consumers, and lawmakers.
United States Criminal Law
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Organized retail crime is an escalating threat that demands a coordinated response from retailers, consumers, and lawmakers. Its tentacles reach far beyond lost profits, jeopardizing community safety, employment opportunities, and the very fabric of our society. Failure to act swiftly and decisively has dire consequences. Retailers must become proactive, investing in cutting-edge technology, empowering employees, and forging alliances with law enforcement and industry peers. We must push for robust legal frameworks that dismantle ORC networks and deter future perpetrators. This is not just an economic issue; it's a call to action to protect our communities and safeguard our shared future.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

ARTICLE
3 January 2024

Retail Shrink & Organized Retail Crime - Mitigating Financial Losses And Lowering Safety Risks

United States Criminal Law
Contributor
Ankura Consulting Group, LLC is an independent global expert services and advisory firm that delivers end-to-end solutions to help clients at critical inflection points related to conflict, crisis, performance, risk, strategy, and transformation. Ankura consists of more than 1,800 professionals and has served 3,000+ clients across 55 countries. Collaborative lateral thinking, hard-earned experience, and multidisciplinary capabilities drive results and Ankura is unrivalled in its ability to assist clients to Protect, Create, and Recover Value. For more information, please visit, ankura.com.
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