StrategyTerminology

Organized Retail Crime: Definition & Examples

Organized retail crime (ORC) is a growing problem for retailers worldwide. According to the National Retail Federation, ORC costs retailers an average of $719,548 per $1

What is Organized Retail Crime?
StrategyTerminology

Organized Retail Crime: Definition & Examples

Organized retail crime (ORC) is a growing problem for retailers worldwide. According to the National Retail Federation, ORC costs retailers an average of $719,548 per $1 billion in sales. But what exactly is organized retail crime, and how does it differ from traditional retail fraud? In this article, we’ll explore the definition of organized retail crime, its impact on retailers, and the role of an organized retail crime investigator.…

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