Aug 26, 2026
Three years of ORC legislation, record enforcement, and improving shrink — and nobody can connect them.
Aug 18, 2026
Gift card draining is organized, federal, and growing 25% a year. It appears nowhere in your loss reporting — by design.
Aug 10, 2026
NRF killed the shrink survey and replaced it with a theft and violence report. Nobody told the audit committee.
Aug 4, 2026
Cargo theft losses rose 60% on flat volume. Six in ten retailers don't count any of it as shrink.
Jul 28, 2026
Edition #13 — 1.2 million demand letters a year. Fewer than ten lawsuits. A court called it extortion.
Jul 21, 2026
Edition #12 — Returns fraud runs USD 76–101 billion a year, several times the ORC number. It reports to nobody.
Jul 14, 2026
Edition #11 — The vendor's own patents put the cost of locked cases at 25–50% of sales. Nobody reports that line.
Jul 7, 2026
Edition #10 — Self-checkout was a labor decision. The loss data arrived eight years late.
Jun 30, 2026
Edition #09 — Why the number AP reports up the chain is not the number that matters
