Retail Crime

Retail crime refers to illegal activities that occur within retail environments, typically involving theft, fraud, or other forms of dishonesty that impact retailers and their customers. This can include shoplifting, employee theft, credit card fraud, organized retail crime, and return fraud, among others. Retail crime not only results in financial losses for businesses but also affects pricing, inventory management, and overall operations. It can lead to increased security measures, such as surveillance and loss prevention strategies, to mitigate risks and protect merchandise. Retail crime has significant implications for the economy, influencing retail prices, employment, and consumer experiences.