The crimes also cost states $1.6 billion annually in lost sales tax revenue, according to estimates by the Coalition Against Organized Retail Crime.
Despite the seriousness of organized retail crime, the thefts are often treated as routine shoplifting because most states lack statutes that recognize the serious nature of the sophisticated criminal enterprises involved.
NRF is leading the retail industry's efforts to fight organized retail crime on a number of fronts. NRF is a member of the Coalition Against Organized Retail Crime, which is working with members of Congress on development of federal legislation.
Earlier this year, NRF unveiled a 10-bill package of state-level model legislation currently being reviewed by the American Legislative Exchange Council and the National Conference of State Legislatures.
This spring, NRF joined forces with the FBI to re-launch the highly successful Retail Loss Prevention Intelligence Network as the Law Enforcement Retail Partnership Network.
National Retail Federation
marketing@alchempro.com
