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1/16/20 D-Ddaily.net
 

 





 

 


 
 

Retailers intensify investment in technology to tackle organized theft, violence

ORC & Increased Aggression Link Continues to Get Media Coverage

Retailers are reporting an
uptick in violence linked to organized retail crime so they are increasing investments in technological solutions and strengthening collaborations with law enforcement agencies, according to experts.

Organized retail crime, which involves multiple perpetrators stealing from stores and distribution operations, threatens retailers' margins. Home Depot Inc., for example, said a rise in organized retail crime increased shrinkage and was partially responsible for a 31 basis point drop in its gross margin year-over-year in the third quarter of fiscal 2019.

The ongoing problem cost retailers an average loss of over $703,320 per $1 billion in sales in 2019, making it the fourth consecutive year of losses coming in above $700,000, according to the National Retail Federation, or NRF.

In addition to the financial cost, the issue also has safety implications. Sixty-eight percent of retailers reported a rise in violence by organized retail crime offenders in 2019, according to the NRF survey. That is up from 49% of retailers in 2018. In some instances, these groups attack people in stores and use weapons such as stun guns, NRF's Vice President of Loss Prevention Bob Moraca said in an interview.

Several state laws have increased the dollar amount of stolen goods that counts as a felony, which is contributing to the organized crime problem, experts explained. The change allows perpetrators to steal higher-valued goods without the risk of a felony charge. Meanwhile, the ease of selling stolen goods online and the opioid crisis are exacerbating the situation, according to experts.

Deploying technology

To fight the problem, retailers are utilizing different strategies including investing in technological solutions such as radio-frequency identification tags in stores, and GPS to track cargo in transit, according to
Dr. Read Hayes, director of Loss Prevention Research Council, an organization that works with more than 70 retailers, including Walmart Inc., and Home Depot.

"There's a lot of [research and development] and evaluation going on in [finding] better ways to protect merchandise in the stores," Hayes said.

Retailers are also improving their surveillance systems to aid their loss prevention efforts, NRF's Moraca said.

"Every good retailer out there worth their weight now has [an] excellent digital video system," Moraca said, adding that the surveillance systems now have some artificial intelligence components that can detect unusual movements and send video clips alerting the retailers' loss prevention teams. spglobal.com

 



On "Fox & Friends" Today
New York's New No-Cash Bail Law Under Fire
Released Bank Robber Robs Another Bank One Day After Release

A New York sheriff reacted on Monday to a suspected serial bank robber allegedly robbing a bank the day after he was released from jail under a newly enacted bail reform law.

Suffolk County Sheriff Errol Toulon Jr. said on "Fox & Friends" that "one of the most concerning things" about the new measure is that law enforcement has to waste resources to "rearrest" people who are released and commit more crimes. He said the new law puts communities in danger and is "empowering these criminals to actually continue their criminogenic behavior."

Toulon was referring to Gerod Woodberry, who according to the
New York Post had been jailed for allegedly robbing Chase banks in several New York City neighborhoods between Dec. 30 and Jan. 8 - and then allegedly robbed a fifth bank on Friday, just one day after his release.

Previously, New York prosecutors would determine whether to make a bail recommendation or agree to have the defendant released on their own recognizance regardless of whether the alleged crime was a felony or misdemeanor, and then the judge would make a determination. Defense attorneys would typically make arguments that bail would be inappropriate, or should be set at a low amount, which judges would take into consideration.

Under the new law, this process no longer takes place for the majority of cases, as
courts are now prohibited from setting any monetary bail whatsoever or keeping defendants in custody before trial in almost every type of misdemeanor case, and for a long list of felonies as well. foxnews.com
 



Asset Protection Effort in the Asian Rim


Japan Association of Electric Article Surveillance (JEAS)
Visiting China Shop Qingdao 2019, the largest trade fair in Asia

The eight JEAS members visited the China Shop in Qingdao, the largest trade fair in Asia (850 companies exhibited), on Thursday, November 7, 2019. JEAS members learned remarkable technological advances such as self-checkout, face recognition, smartphone payment method, and image analysis. There were many things at the fair, from which they learnt the basics of “customer first policy” such as remote support by smartphone to improve operational usability. There were 12 EAS and RFID exhibitors at the show venue. 70% of the displayed EAS were AM, 20% were RF, and 10% were RFID. In the afternoon, they toured a shopping mall and supermarket in Qingdao.

On Friday, November 8 (Fri) 2019, JEAS had the first meeting with the CCFA's Assets Protection & Internal Control Committee of China.

(1) The China Assets Protection & Internal Control Committee explained their history in four phases:

  - Initial: Mostly relied on the human tactics and budget was limited
  - Foreign investment opening period: Strengthen with the response by specialized organization, etc.
  - E-commerce period: proactive security activities and cyber security measures
  - Omni-channel period: Responsible for total risk management including internal control.

(2) JEAS learnt a very interesting story, such as the concept and management plan for damage prevention in the retail industry.

(3) JEAS explained to the China Committee that LP Professor, Dr. Read Hayes’ book is published in Japan. The Chinese Committee said that Chinese version of the book was also needed.

(4) In commemoration of this meeting, the LP Manual prepared by the China Committee was provided to the Japan LP Education System Development Committee and JEAS.

(5) At the conclusion of the meeting, JEAS was invited to the General Assembly of the China Committee in July 2020.

(6) This meeting was introduced on the website of the China Shop organizer.


Click here to see more

  


 



U.S. consumers more excited than others about facial recognition systems in retail outlets
Almost half of U.S. consumers surveyed in a new report say they are “excited” about retailers using face biometric technologies to tailor their in-store shopping. About a third of respondents, however, said they do not feel the love.

The findings are part of “From ‘Bricks to Clicks’: Navigating the Retail Revolution,” a report paid for by SOTI Inc., a mobility and Internet-of-things vendor. The report, compiled by Arlington Research, compares consumer sentiment about a range of technology developments in the United States, United Kingdom, Germany and Sweden.

U.S. consumers saying they were excited by the prospect of facial recognition used during retail encounters topped out at 48.1 percent. Another 27.8 percent rejected the idea entirely. U.S. open-mindedness is not shared overseas, however.

Half — 50.6 percent — of consumers in the United States told Arlington researchers that they were “very comfortable” using voice-activated assistants to shop. Only 22.6 percent disagreed.

If recent announcements are any indication, makers and buyers of retail biometrics globally are optimistic about deploying the technology. biometricupdate.com

What the CFO's Are Reading:
Workplace Class Actions: The Threat Keeps Growing

The prosecution of workplace class action litigation by the plaintiffs’ bar continues to escalate, as it has for more than a decade. Importantly, class actions increasingly pose unique “bet-the-company” risks for employers.

As has become readily apparent in the #MeToo era, an adverse judgment in a class action has the potential to bankrupt a business. Further, adverse publicity can eviscerate a company’s market share. Likewise, the ongoing defense of a class action can drain corporate resources long before the case reaches a decision point. cfo.com

What Are the Top Concerns for Boards in 2020?

Their Priorities/Concerns Should be Yours


Preparation for an economic downturn is among the issues that will dominate the attention of corporate boards of directors in 2020, according to law firm Akin Gump Strauss Hauer & Feld's annual look at top board matters.

The list includes a potential economic downturn, board diversity, corporate reputation, pay equity, cybersecurity, and corporate innovation.

Board Diversity: While diversity and inclusion can provide a competitive advantage and enable growth, the proportion of women and minorities serving on boards still doesn't reflect the makeup of the general population, Akin Gump notes.

Corporate Reputation: The Internet has, of course, made it possible for anyone to falsely attack a company's products, brands, leadership, and overall integrity.

Unfortunately, as found by a recent Pew Research study, 45% of Americans today get their news from a single social media platform.

False attacks "can now originate on an obscure electronic bulletin board - and be 'trending' on social media in a matter of hours. From there, Internet news providers, with none of the checks and filters of the mainstream media, can give an online media assault legitimacy that would have been unimaginable a generation ago." cfo.com

Did Trump’s phase one deal with China deliver the goods for retailers?
Referred to as phase one, the deal will see the U.S. reduce tariffs on Chinese imports on a wide range of consumer products, including consumer electronics and footwear, from 15 percent to 7.5 percent. For its part, China has agreed to increase imports of agricultural products and other goods and services by an additional $200 billion “based on market conditions” over the next two years.

Groups representing retailers were supportive of the phase one agreement but were clear that more needs to be done.

“The trade war won’t be over until all of these tariffs are gone,” said Matthew Shay, president and CEO of the National Retail Federation, in a statement. “We are glad to see the phase one deal signed, and resolution of phase two can’t come soon enough.” retailwire.com

NRF: Growing emphasis on convenience for today's consumers
Today's consumers increasingly prioritize convenience when it comes to purchases, and expect retailers to continue to offer innovative ways to save them time and effort, according to the latest issue of the Consumer View report released today by the National Retail Federation.

According to the report, 83 percent of consumers say convenience while shopping is more important to them now compared with five years ago. While consumers overwhelmingly opt for quality and price in purchasing decisions, convenience offers retailers a competitive advantage. The report found 97 percent of respondents have backed out of a purchase because it was inconvenient for them. nrf.com

Flu Season Is Here: Tips to Minimize Its Impact on Your Office
Flu season is peaking early this year, with many already sick. Ensuring employees understand office sick leave policies and thinking creatively can keep ill staffers at home, healthy workers safe, and your association running smoothly.

While usually done earlier in the season, even at this late date, offering employees a free flu shot helps. “Employees appreciate having that ability to get the flu shot and not have to pay $30 for it,” Brennan said.

Employers can also provide some basic education about reducing flu spread. “In the past, when there were really bad flu outbreaks, we would post reminders about handwashing and things like that,” Brennan said.

If employees are reluctant to take leave, approach solutions creatively. For example, if someone is coughing a lot—which may be contagious and disruptive, but not preventing them from working—consider allowing unscheduled remote work.

In addition to policies, it’s important to create an office culture where people feel it’s OK to take off for sickness. “What management does, what coworkers do, is all part of the unwritten behavior in an office that we call culture,” Brennan said. “It is really important to work with managers and senior leaders to show it is important to stay out of the workplace when you’re sick, especially with something communicable. associationsnow.com
 



Senior LP & AP Jobs Market

Ralph Lauren Reposted Today:  VP, Asset Protection, North America on LinkedIn, in Nutley, NJ
The Company is seeking a Vice President, Asset Protection based in Nutley, New Jersey . This leader will be passionate about our mission – to serve everyone like family. This simple, passionate mission provides a better shopping experience for our customer, shows respect, value and development for our team, and creates growth for our shareholders. ralphlauren.com

Tony's Finer Foods Posted Director of Loss Prevention in Chicago, IL
Assure the protection of company assets and execution of all facets of the Store Excellence Program designed to minimize inventory shrink. Investigate general liability claims, protect against bad checks and cash losses. Indirect supervision of all Asset Protection Managers by working with the Operations DM/VP for each district. Responsible to oversee all investigations & auditing programs to ensure company compliance.
$90k to $110K.  indeed.com

Senior LP Job Postings Removed from Website:

VP Risk Management - Delaware North - Buffalo, NY
Dir. Corporate Security - ADT - Boca Raton, FL
Dir. Internal Audit - Cracker Barrel - Lebanon, TN
Dir. Security & AP - Rent The Runway - Secaucus, NJ
Dir. Loss Prevention - Surf Style Retail Management - Hollywood, FL
Dir. Loss Prevention-ORC - Ulta Beauty - Bolingbrook, IL
Dir. Enterprise Security - US Cellular - Chicago, IL

 



Payless ShoeSource Chapter 11 Emergence - Re-Opening 2,100 Stores

Voicemails Gave Adequate Notice of Intent to Take FMLA Leave, Court Ruled

Bose to shutter 119 stores across Australia, North America, Europe, and Japan

Even Times Square Losing Shops To Changing Retail Landscape

Holiday sales may have been better-than-expected, up nearly 5%, Bank of America says



Quarterly Results
Costco holiday sales comp's up 9%
Target holiday sales up 1.4%

 

Agilence Webinar with Damon Cavasin, Corporate Director of AP, SpartanNash


All the News - One Place - One Source - One Time

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Agilence Introduces Artificial Intelligence (AI) and All New Mobile Capabilities in Latest Software Release

Mt. Laurel, NJ - Agilence, Inc., the leading provider of predictive data analytics & reporting solutions to the retail, restaurant, and convenience industries, today announced it’s 2.8 release of the Agilence Data Analytics Platform. The release adds new Artificial Intelligence (AI) features and a dedicated app-based user experience to shorten the analytics learning curve for enterprise businesses.

"Innovative retail & restaurant organizations are adapting to the evolving consumer landscape through smarter stores that deliver fantastic customer experiences while optimizing store operations," said Russ Hawkins, President and CEO of Agilence. "Our goal is to enable all retail and restaurant chain operators to unlock the power in their data assets, breakdown data access bottlenecks and empower all associates to make better, data-driven decisions throughout the organization.


Key Features of 2.8 Include:

Forecasting - Predict future sales, margin and inventory levels, as well as store and associate performance to maximize operations and enable early action to capitalize on previously unseen opportunities and to mitigate hidden issues.​

New Mobile App - Deliver actionable prescriptive alerts right to the store manager so they can be on the floor and not locked in their office. This enhanced mobile experience allows on-the-go users to improve operational efficiency. Available for iOS and Android.

Agilence Scoring - A new proprietary algorithm that utilizes customer-specific indicators to ensure that the algorithm learns and adapts to the unique characteristics of their business. The scoring allows for pinpointing performance and trends within locations and employees.

"The application of user-friendly artificial intelligence features is extremely powerful and opens up unseen possibilities. Now, everyone from analytics novices to data scientists can easily apply machine learning to extract meaningful, unbiased data from their complex transactional data sets,” said Derek Rodner, VP Product Strategy at Agilence.

To learn more about the 2.8 release, visit: Agilence.ai


 

 


 


Enterprise-Wide Risk Management: Bridging Physical and Cyber Protection
According to data from the University of Maryland, hackers attack computers and networks at a “near constant rate" of one attack every 39 seconds. PwC found that companies with over 5,000 employees experienced a meaningful crisis every year. Unfortunately, this is the new normal: today's increasingly digital organizations face a broad range of complex risks, and nobody is immune from an attack.

By 2021, Cybersecurity Ventures predicts that global cybercrime will cost $6 trillion annually. However, the damage goes far beyond the immediate financial impact.

Attacks cause damage to enterprise infrastructure, both in the online and physical worlds, and to third parties such as suppliers and customers. They also attract the attention of government regulators. With these facts in mind, prevention and the preemptive risk management must be top of mind for professionals in every industry sector.

Physical and Cyber Security: Two Sides of the Same Coin securitymagazine.com

Equifax Settles Mega-Breach Lawsuit for $1.38 Billion
The final minimum tab for Equifax's failure to patch a known web application security flaw - that later proved to be the root cause of the company's disastrous data breach in 2017 - is over $1.38 billion.

The US District Court for the Northern District of Georgia Monday granted final approval of a settlement arrived at last July between the Federal Trade Commission and Equifax. Under the settlement, Equifax has agreed to set aside at least $380.5 million to settle claims related to its 2017 breach.

The company has also agreed to spend at least $1 billion on information security and related technologies over a period of five years.

Personal data, including Social Security Numbers belonging to some 147 million US consumers was compromised in the breach. Equifax has blamed the incident on a buggy component in the open-source Apache Struts framework for which a patch was available at the time of the breach. darkreading.com

Belk harnesses AI to manage inventory
Belk Vice President Tim Carney credits AI for Belk's recent (and still improving) mastery of inventory management. While the technology is often touted as a way to spur personalization and marketing, Belk's revamp, which entailed moving from using spreadsheets to SAS' tech, is demonstrating how useful it is in backroom operations. Carney told the NRF audience that the department store integrated machine learning into its ordering, replenishment and allocation systems, including measuring demand for specific sizes by store. "Our virtual assistant does the heavy lifting," he said, noting that some obstacles remain, including the level of willingness among vendors to pack things differently. retaildive.com

Cloud Security: Financial Regulators Ripple Effect on Retailers
Concerns About Cloud Security Prompt More Scrutiny from Financial Regulators


Responsibility for data protection remains with the company even if it uses cloud, regulators say

U.S. financial regulators put banks and brokers on notice that a key part of compliance audits will be the scrutiny of how these firms control the information they store in the cloud.

Regardless of any arrangements under models that divide responsibility between cloud users and providers, regulators from federal agencies and industry bodies said at a Financial Industry Regulatory Authority conference Tuesday that they consider the companies themselves liable for any breaches.

“Even if you have identified who has responsibility for what controls, you’re still outsourcing your services and your control of that data, and the firm is still going to be responsible,” said Salvatore Montemarano, a senior examiner at the Securities and Exchange Commission. wsj.com

Editor's Note: With this declaration it will probably hold true for any public retailer as well at the end of the day.

Four-fifths of SIM-swap fraud attempts successful
Researchers from Princeton University find that despite advances in technology, SIM-swap fraud continues to be difficult to detect and prevent, as fraudsters adapt attack techniques.

The study, An empirical study of wireless carrier authentication for SIM swaps, by Kevin Lee, Ben Kaiser, Jonathan Mayer and Arvind Narayanan, set out from the baseline that the procedures in question were an important line of defence against attackers. These attackers seek to hijack victims’ phone numbers by posing as the victim and calling the carrier to request that service be transferred to a SIM card the attacker possesses.

The team noted that SIM-swap attacks allow attackers to intercept calls and messages, impersonate victims, and perform denial-of-service (DoS) attacks, and added that they have been widely used to hack into social media accounts, steal cryptocurrencies, and break into bank accounts.

Princeton examined the types of authentication mechanisms in place for such requests at five US pre-paid carriers – AT&T, T-Mobile, Tracfone, US Mobile, and Verizon Wireless – by signing up for 50 prepaid accounts, 10 with each carrier, and subsequently calling in to request a SIM swap on each account. computerweekly.com

How Wireless Carriers Open the Door to SIM Swapping Attacks

The SIM Swapping Threat

Over the last several years, SIM swapping has become a growing concern. The FBI has highlighted the issue, and the U.S. National Institute of Standards and Technology lists SIM swapping as a major mobile security threat.

These types of attacks can be accomplished in several ways. One is to persuade a carrier's customer service representative to move a phone number to a different SIM card - a swap - or port it to another carrier. In other cases, criminal gangs may work with an employee of a mobile operator, who is then able to bypass security mechanisms and transfer a subscriber's number.

By hijacking the victim's phone, an attacker can then gain access to victims' online services and accounts, because many providers use mobile numbers as part of the authentication process, such as in two-factor authentication.

In November, the U.S. Justice Department charged two Massachusetts men with allegedly running a years-long scheme that used SIM swapping and other hacking techniques to target executives in order to steal more than $550,000 worth of cryptocurrency

In August, Twitter CEO Jack Dorsey's, personal account was compromised and used to send out racist messages. Security analysts believe that the attackers may have used a SIM swapping technique to compromise the account. govinfosecurity.com

 


 


 

How Scheduled Access may have Prevented a $100K Dispensary Burglary
in Chicago
By Tony Gallo, Managing Partner & Katharine Baxter, Lead Technical Writer for Sapphire Risk Advisory Group

Despite $10 million in sales within the first five days of legal recreational cannabis, not every dispensary in Illinois is reaping in the benefits. More than $100,000 in cash was stolen from Chicago dispensary MOCA Modern Cannabis on January 6. The burglary occurred around 3 a.m. when dispensary was closed for the night, so no staff or security personal were on-site at the facility.

What do we know?

Law enforcement officials do not believe that this burglary was random. It is possible that the multiple burglars that broke into the dispensary were familiar with the facility and may have used a legitimate keycard to enter through an access-controlled door. MOCA may also have had more cash on-site than regular operations would normally permit. The dispensary was completely closed to recreational customers the day before the burglary due to high sales and a need to restock inventory. If the burglars did have intimate knowledge of the facility, they may have targeted that particular night due to the increased cash volume.

How could this have been prevented?

Although the doors were connected to an access control system, suspects were still able to gain access to the dispensary at the early morning hour. If the burglars did indeed use a company-issued key card to enter, this burglary could still been prevented by scheduled access, which allows or restricts access by time, date, and/or person. This system could also be installed on the safe or vault locking mechanism, for which their intrusion method is unclear.  Read more


Environmental Health and Safety Compliance In The Cannabis Industry: Starting At Ground Zero
Differentiating yourself as a company that goes above and beyond to protect its workers and the environment in the community could create significant goodwill and legitimacy with regulators, especially where the industry is often misunderstood and overly scrutinized. With such a program you can go from having a target on your back to being a company that regulators can trust will be in compliance.

A five-star showcase caliber EHS program goes above and beyond the bare minimum compliance requirements, and necessarily starts with putting together a comprehensive EHS program that addresses all points of compliance tailored not only to the cannabis industry but to your specific operations and growth areas. Such a program would include built in backup systems to ensure that human error does not result in compliance violations. The extra effort could include:

hiring a dedicated EHS manager
conducting monthly self-audits and annual third-party audits, track results and quickly resolve any issues that are identified
establishing a safety committee committed to providing employees with weekly relevant and compulsory health and safety training
developing job hazard assessments, and safe working procedures for each task within your facility
creating proactive safety programs, employee assistance programs, and improving workplace ergonomics
using as few hazardous substances as possible
committing to minimal generation of wastewater, air emissions and hazardous waste cannabisbusinessexecutive.com

 


 

New York’s New Hemp Extract Law and The CBD Marketplace
On December 19, 2019, Governor Andrew Cuomo signed into law legislation introduced by state Senator Jen Metzger and Assembly member Donna Lupardo, regulating the production and marketing of hemp extract in New York State. Senate Bill 61841 and Assembly Bill 76802 together establish a state permitting process for growers, processors and sellers of hemp extract, while also requiring laboratory testing of hemp extract products, including cannabidiol (CBD), as well as specific product labeling. The legislation was signed pursuant to a chapter agreement, which provided for a more streamlined regulatory pathway for hemp products. The new law also grants the NY Department of Agriculture and Markets supervision over hemp growers, and delegates to the NY Department of Health supervision over hemp extracts.

The Federal Farm Bill of 2018 and New York’s New Hemp Extracts Law

By legalizing hemp at the federal level, the 2018 Farm Bill also legalized CBD that is derived from hemp, creating new opportunities for New York farmers and businesses. Hemp extracts currently are being used to produce a broad range of CBD consumer products, including edibles, ointments, topical creams and unguents, etc.

The US Food and Drug Administration, which has jurisdiction to regulate such products, is working to develop appropriate production standards, labeling requirements and marketing guidelines for CBD products.

To address the gap in federal oversight of CBD products, New York’s new law establishes a regulatory framework for regulating hemp extract production, processing, and commerce within the state, updating the hemp permitting process and regulating the extract industry through production standards, testing, and labeling, creating needed industry certainty while also protecting consumers. The new hemp bill will give New York farmers a competitive edge in the hemp industry by allowing for regulated and quality products to be produced, focusing on New York- grown hemp.

- Why the Federal Jury Remains Out on CBD Foods and Beverages
- The Prospects for Further Legislation
cannabisbusinessexecutive.com

Burglar Breaks into Arizona Dispensary and Steals Marijuana
The Fountain Hills dispensary, Nature’s Medicines, has fallen victim to a robbery. Owner Mark Steinmetz says that video shows someone taking a bit of time to smash the door with a hammer and that the alarm blaring didn’t seem to deter them. The robber only got away with 4 jars of marijuana flower, The Fountain Hills Times reported. azmarijuana.com

Sephora adds cannabis-based skin care with Saint Jane


 


 


 


 


 


 



Adobe 2019 Holiday Recap Report: $142.5 billion in sales
during Nov. & Dec. 2019, up 13.1%
Smartphones drove nearly all (84%) of the online sales growth during the period, accounting for 36% of online revenue (up 21% year-over-year) and also accounting for 58% of traffic to retail sites (up 14% year-over-year). However, desktop still led smartphones in rate of completed checkouts per 100 visits, 5.9 vs. 3.

Cyber Weekend (Thanksgiving to Cyber Monday) produced 20% of overall holiday online sales, up 17.7% year-over-year. Also, Adobe analysis found the week before Thanksgiving experienced strong growth because the retail deals started earlier. The Wednesday before Thanksgiving continues to rival Small Business Saturday with $2.9 billion vs. $3 billion in online revenue, respectively.

Large retailers grew their online sales by over 65% on average, and smaller ones grew online sales by 35%. Still, online revenue growth during the holidays continues to outpace overall retail growth (13.1% online vs. 4% overall). Consumers collectively spent $2.3 billion per day (on average) across the season. In fact, every day exceeded $1 billion in online sales except for Christmas Eve. This holiday season also had 29 $2 billion days (up from 26 in 2018).

Buy online, pick up in-store (BOPIS) revenue was up 35% on average for the season. BOPIS hit a peak in the seven days leading up to Christmas, when revenue increased 55%. chainstoreage.com

Another sign of the retail-pocalypse as e-commerce ETF overtakes one that tracks bricks and mortar
As the bad news keeps mounting for the retail industry, a little-noticed measure adds fresh evidence of an exodus away from bricks-and-mortar stores.

In October for the first time, assets in the biggest online retail exchange-traded fund topped those of the largest broad retail ETF. That fund, the SPDR S&P Retail ETF, is made up of companies that do most of their business in the physical, not online, world. As of Thursday, XRT, referring to its ticker symbol, had $236 million in assets, compared with $249 million in the e-commerce-focused fund.

The crossover in assets came just before a holiday season that shaped up to be fairly painful for stores. Shares of Macy's Inc. have been up strongly this week because the company reported losses that weren't as bad as analysts had feared. Victoria's Secret parent L Brands Inc. also reported a big holiday-season loss. Shares of Kohl's Corp. and J.C. Penney Co. are down sharply this year because of fears about their future. marketwatch.com


Amazon lifts FedEx ground delivery ban for sellers



 


 



Detroit, MI: VICE Officers raid Livernois Food Center for stolen merchandise
After undercover operations showed the Livernois Food Center was potentially acting as a fencing job, a lieutenant executed a search warrant at the location. "Probably going to be taking out some suspected stolen merchandise from the business," said Lt. Andrew Guntzviller of the Detroit Police Department, "As well as some possible proceeds from the sale of that." West Bloomfield police initially tipped off and searched a home connected to the owner of the establishment. They soon believed that alcohol was being stolen from establishments in the community and then being sold at the liquor store, located near Tyler Street. "If a business is buying stolen merchandise off the street and then offering that for sale, all it does is hurt the other businesses in the community so we want to work to make sure this doesn't happen in the city and in our community," said Guntzviller. However, people who shop at the store didn't suspect the establishment to be anything but a genuine food mart. Guntzviller also declined to say how much police had recovered. fox2detroit.com

San Diego, CA: Armed man steals 25 iPhones during robbery at Verizon store
Deputies are searching for an armed man who stole roughly 25 iPhones from a Rancho San Diego cellphone store. It happened around 8 p.m. Tuesday at the Verizon Wireless store in the Rancho San Diego Towne Center on Jamacha Road east of Campo Road, San Diego County Sheriff's Lt. Ted Greenawald said. The robber, armed with a handgun, entered the store and demanded that employees put the phones in a black trash bag before he fled in a pickup with a female getaway driver, Greenawald said. 10news.com

Fayette County, GA: Man charged with 35 counts of shoplifting at The Home Depot
Audley D. Clarke, 50, was charged with 35 counts of shoplifting, according to Fayette County Jail records. Jail records noted that the shoplifting incidents occurred between July and November. Fayetteville Police Department spokesperson Ann Marie Burdett said the Peachtree City police had a file pertaining to Clarke and shared it with Fayetteville investigators. Burdett said Clarke is accused of entering the self-checkout line at the Fayetteville Home Depot and ringing-up less expensive items while neglecting to scan more expensive items, then leaving the store. Burdett said investigators worked with Home Depot loss prevention staff to bring the case to completion. thecitizen.com

Man with Long Criminal History Pleads Guilty to $146K Credit Card Fraud in Conn.

Broward County, FL: Two Cellphones burglaries net over $3,000 in merchandise

Marin, CA: Police arrest Oakland man suspected of stealing $1,000 in jackets

New York, NY: Two Shoplifter steal over $3,100 of beauty products from CVS

Shrewsbury Township, PA: State Police seek these suspects in theft of $3K worth of video games from Walmart

New York, NY: Duane Reade reports theft of 24 bottle of fragrance, valued at $1,675

Gonzales, LA: Home Depot Shoplifter abandons $1,200 of stolen merchandise after worker confronts him in parking lot

New York, NY: Two shoplifters steal $1,100 of Cold Medicine from Target on Greenwich

Macon County, IL: Shoplifters who tried to distract Menard’s store staff get caught with $875 of merchandise

Sahuarita, AZ: Two Shoplifter arrested by Off-Duty Officer with over $800 of Fry’s merchandise; warrants out in 3 cities

 


 



Shootings & Deaths

North Little Rock, AR: Restaurant Employee Dies After Going Through Window During Fight with fellow employee
Two employees of the Chicken King in North Little Rock got into a physical altercation Tuesday afternoon, resulting in one male sustaining serious injuries after going through a plate glass window. The man later died due to his injuries. According to Sgt. Amy Cooper with North Little Rock police, at approximately 1 p.m., officers were dispatched to the Chicken King restaurant. Once officers arrived, one male was suffering from serious injuries and transported to a nearby hospital. Detectives with NLRPD are currently investigating the incident and no arrests have been made. 5newsonline.com

Lawrenceville, GA: Wendy’s Trespasser shot and killed after attempting to attack a Police Officer
Police fatally shot a man accused of trespassing at a Lawrenceville fast-food restaurant Wednesday after he attacked an officer with a chair, authorities said. The Lawrenceville officer was attempting to get the man, identified Thursday by the GBI as 47-year-old Albert Lee Hughes, to leave a Wendy’s on Scenic Highway when an altercation ensued. Witnesses at the scene said he came into the restaurant holding a beer and first argued with employees before police were called. wsbradio.com

La Puente, CA: Ex-pizza delivery man gets 26 years to life for killing supervisor
A former Domino’s pizza delivery man was sentenced Wednesday to 26 years to life in prison for fatally stabbing a supervisor at a La Puente pizza parlor who told him to do his work. Rafael Sanchez, 32, of Baldwin Park was convicted on Nov. 19 of the first-degree murder of Daniel Sanchez, 20, of La Puente. The jury also found true the allegation that he used a knife to commit the crime. He didn’t speak at Wednesday’s sentencing at Pomona Superior Court. His lawyer, Gary W. Meastas, spoke on his behalf and said his client did issue an apology to the family and friends of the victim. sgvtribune.com

Birmingham, AL: Off-Duty Police Officer working Security at KFC stops Robbery, shots fired
An off-duty Birmingham Police Officer observed a suspect enter the restaurant and demand money. The Officer confronted the suspects and shots were fired. The suspect made an exit out the Drive-thru window, but is believed to be injured. The suspect is still at large. wtvy.com

Beaumont, TX: Four Houston men arrested in connection to Oct 2019 Armored Car Robberies, murder of courier

Fresno, CA: Three shot outside C-store, 2 wounded in stable condition



Robberies, Incidents & Thefts

Lincoln, NE: Three arrested in connection with Jewelry Store Armed Robbery

Malden, MA: Man Investigated In String Of Boston-Area Burglaries

Belleville, IL: Three Restaurant Delivery drivers victim of Armed Robberies this week

Louisville, KY: Circle K employee charged with $8,000 Lottery ticket theft

Malvern, PA: Former Chester County Prosecutor resigns after she is arrested for $400 shoplifting at Wegmans



Credit Card

EC Wholesalers in Duluth, GA., Charged For Selling Counterfeit Goods to C-Stores
The Momins were charged with 14 counts of trafficking in counterfeit goods, including TOP and JOB brand cigarette papers, 10 counts of smuggling goods into the U.S., 10 counts of receiving misbranded drugs in interstate commerce, one count of conspiracy, and two counts each of unlawfully procuring citizenship. If found guilty of these crimes, each defendant faces up to a total of 395 years in prison and $31.35 million in fines. Moreover, if convicted, given the nature of the crimes, they are likely facing deportation after serving out their criminal sentences. cstoredecisions.com


 

C-Store – Valley, AL – Armed Robbery
C-Store – Ontario County, NY – Robbery
C-Store – East Hartford, CT – Armed Robbery
C-Store – Kannapolis, NC – Armed Robbery
Cellphone – Hallandale Beach, FL – Burglary
Cellphone – Miramar, FL – Burglary
Dollar General – Effingham, SC – Armed Robbery
Gas Station – Kent County, MI – Armed Robbery
Hardware – Hartville, OH - Robbery
Jewelry – Akron, OH – Robbery
Jewelry – Lincoln, NE - Robbery
Liquor – Tallahassee, FL – Robbery
Restaurant – Belleville, IL – Armed Robbery
Restaurant – Birmingham, AL – Armed Robbery (KFC)
Restaurant – Gastonia, NC - Armed Robbery (Little Caesars)
Restaurant – Nashville, TN – Armed Robbery (Taco Bell)
Restaurant – Pleasant Valley, NY – Burglary
Verizon – San Diego, CA – Armed Robbery
Walgreens – Shaker Heights, OH – Burglary

Daily Totals:
• 15 robberies
• 4 burglaries
• 0 shootings
• 0 killed



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Jason Smith, CFI, LPC named Regional Asset Protection Leader for Ascena Retail Group

 

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