How Organized Retail Crime is Threatening the Retail Industry

The Impact of Organized Retail Crime

Organized retail crime (ORC) has had a significant impact on retailers across the U.S., resulting in extra security measures and store closures.

Generally defined as the coordinated theft of merchandise by two or more individuals for the purpose of reselling for financial gain, ORC has consistently grown as a problem over the past decade and is projected to become even more of an issue in future years. Modern, tactical security solutions are needed to help retail businesses, both large and small, collaborate with law enforcement to stop organized retail crime, while still providing a safe and enjoyable shopping experience for customers.

Fighting Organized Retail Crime with Cloud Video Security

For those wanting to learn more about the effect organized retail crime is having on today’s economic landscape, as well as how cloud video security can assist retailers’ loss prevention efforts and streamline investigations, check out OpenEye’s in-depth guide below, where we’ll cover:

• The current methods used for defining organized retail crime and measuring its impact across businesses and the economy.

• The security strategies being used to repel this type of crime, and how successful they are at improving inventory loss efforts while still maintaining a pleasant shopping experience.

• The benefits of cloud video surveillance for combatting organized retail crime, and how integrating other security systems can help create a more thorough solution for retailers.