Retailers are increasingly assisting law enforcement in combating theft and fraud by organized crime rings, providing evidence that leads to criminal prosecutions. Efforts to counter organized retail crime have led to higher prices for consumers and concerns about privacy. The industry's push to crack down on organized retail crime has led to partnerships with law enforcement and calls for federal government intervention.
Key Points
Retailers are devoting more resources to thwarting theft by organized crime rings
Industry partnerships with law enforcement have become crucial in combating organized retail crime
Efforts to crack down on organized retail crime have led to calls for federal government intervention
Pros
Retailers are actively working with law enforcement to combat organized crime rings
Partnerships between retailers and law enforcement have led to successful prosecutions
Increased focus on combating organized retail crime can lead to a safer shopping environment
Cons
Security investments can result in higher prices for consumers
Use of surveillance technology by retailers raises privacy concerns
Challenges in determining the consequences for higher-level fences who purchase stolen goods