Disturbing Crime Trends Facing Retailers (Infographic) A recent study by the National Retail Federation finds organized crime an ongoing threat.
By Linda Lacina
Our biggest sale — Get unlimited access to Entrepreneur.com at an unbeatable price. Use code SAVE50 at checkout.*
Claim Offer*Offer only available to new subscribers
One of the biggest threats to retailers continues to be organized crime, according to a recent study released by the National Retail Federation. The group's annual survey found that 94 percent of retailers said they'd been a victim in the last year. While a dip from 96 percent in 2012, this is the third year that more than 90 percent of the retailers surveyed admitted to being victims of professional thieves.
A certain kind of gift card fraud emerged as an additional problem facing retailers. Nearly 80 percent of those surveyed had experienced thieves returning stolen merchandise without a receipt in order to get a gift card and then resell that gift card on secondary markets.
Fortunately, 48 percent -- almost half of those surveyed -- believe that law enforcement understands the problems created by professional thieves. Take a look at this infographic, created by the NRF, detailing these and other trends.
Click to Enlarge+
Source: LP Information