Description

Frank Patercity, Kroger's director of corporate security investigations, shares insights on the evolving landscape of organized retail crime (ORC).

Why it matters: ORC is not just about property theft - it's linked to serious crimes like human trafficking and weapons offenses.

Big picture: Retailers are joining forces with law enforcement and pushing for legislation to combat ORC effectively.

Key takeaways:

1. Gift card fraud is a growing trend in ORC, recognized by retailers and Homeland Security.
2. Partnerships with law enforcement and other retailers are crucial in fighting ORC.
3. Legislative efforts like the INFORM Act and Combating Organized Retail Crime Act are vital for long-term solutions.
4. ORC investigations often uncover larger criminal networks and more serious offenses.

The bottom line: Retailers must focus on people, not just property, to effectively combat ORC and its far-reaching impacts on communities.

Retail's Most Wanted is presented by LVT and the Attorney General Alliance.