National Retail Federation Retracts Claim on Organized Retail Crime's Impact on Inventory Losses

United States of America
    Retailers have difficulty quantifying losses from organized retail crime, which involves thieves working in groups to steal merchandise and resell it on the black market.
    The claim was based on two-year-old testimony from Ben Dugan, former president of the advocacy group Coalition of Law Enforcement and Retail.
    The National Retail Federation (NRF) has retracted a claim that organized retail crime accounted for nearly half of all inventory losses in 2021.
    National Retail Federation Retracts Claim on Organized Retail Crime's Impact on Inventory Losses

    The National Retail Federation (NRF), a prominent retail lobbying group, has retracted a claim that organized retail crime accounted for nearly half of all inventory losses in 2021. The claim, which was widely reported and used as evidence by lawmakers to support stricter laws and regulations, was found to be based on incorrect data.

    The NRF's original report, released in partnership with K2, a financial crimes risk management firm, stated that nearly half of the $94.51 billion in industry shrink was due to organized retail crime. However, this contradicted the NRF's own annual shrink survey, which showed that all external theft accounted for just 37% of inventory losses in 2021.

    The claim was based on two-year-old testimony from Ben Dugan, former president of the advocacy group Coalition of Law Enforcement and Retail. The NRF has since removed the sentence from its report, bringing its accuracy into question.

    Retailers have long struggled to quantify losses from organized retail crime, which involves thieves working in groups to steal merchandise and resell it on the black market. In a separate report, the NRF stated that retail crime was responsible for $112 billion in losses in 2022.

    This is not the first time the NRF has published data that later turned out to be incorrect. The organization's studies are widely reported and used as evidence by lawmakers to support stricter laws and regulations, highlighting the importance of accurate data in shaping policy decisions.


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    Confidence

    100%

    No Doubts Found At Time Of Publication

    Sources

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    The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermine the credibility of the source. It is calculated as:
    (Site Conflicts Of Interest + Author Conflicts Of Interest) / 2.0 * 0.2 + ArticleBiasScore * 0.20 + UniquePointsScore * 0.05 + DeceptionScore * 0.20 + ReadabilityScore * 0.05 + FallacyScore * 0.20

    A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

    Retail lobby group's retraction of key crime claim shows how hard it is to track theft

    CNBC News Gabrielle Fonrouge Thursday, 07 December 2023 13:20
    • Unique Points
      • This is not the first time the NRF has published data that later turned out to be incorrect.
      • The NRF's studies are widely reported and used as evidence by lawmakers to support stricter laws and regulations.
    • Accuracy
      No Contradictions at Time Of Publication
    • Deception (100%)
      • The article is straightforward and factual, with no apparent deception.
    • Fallacies (100%)
      None Found At Time Of Publication
    • Bias (100%)
      None Found At Time Of Publication
    • Site Conflicts Of Interest (100%)
      None Found At Time Of Publication
    • Author Conflicts Of Interest (100%)
      None Found At Time Of Publication

    99%

    The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermine the credibility of the source. It is calculated as:
    (Site Conflicts Of Interest + Author Conflicts Of Interest) / 2.0 * 0.2 + ArticleBiasScore * 0.20 + UniquePointsScore * 0.05 + DeceptionScore * 0.20 + ReadabilityScore * 0.05 + FallacyScore * 0.20

    A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

    Retail group pulls back on claim organized retail crime accounts for nearly half of inventory loss

    ClickOnDetroit News Site Profile Anne D'Innocenzio, Thursday, 07 December 2023 20:10
    • Unique Points
      None Found At Time Of Publication
    • Accuracy
      No Contradictions at Time Of Publication
    • Deception (100%)
      • The article is straightforward and factual, with no apparent deception.
    • Fallacies (100%)
      None Found At Time Of Publication
    • Bias (100%)
      None Found At Time Of Publication
    • Site Conflicts Of Interest (100%)
      None Found At Time Of Publication
    • Author Conflicts Of Interest (100%)
      None Found At Time Of Publication

    98%

    The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermine the credibility of the source. It is calculated as:
    (Site Conflicts Of Interest + Author Conflicts Of Interest) / 2.0 * 0.2 + ArticleBiasScore * 0.20 + UniquePointsScore * 0.05 + DeceptionScore * 0.20 + ReadabilityScore * 0.05 + FallacyScore * 0.20

    A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

    US retail lobbyists retract key claim on 'organized' retail crime

    Reuters Katherine Masters Wednesday, 06 December 2023 01:23
    • Unique Points
      • The claim was based on two-year-old testimony from Ben Dugan, former president of the advocacy group Coalition of Law Enforcement and Retail.
    • Accuracy
      No Contradictions at Time Of Publication
    • Deception (100%)
      None Found At Time Of Publication
    • Fallacies (100%)
      None Found At Time Of Publication
    • Bias (100%)
      None Found At Time Of Publication
    • Site Conflicts Of Interest (100%)
      None Found At Time Of Publication
    • Author Conflicts Of Interest (100%)
      None Found At Time Of Publication

    99%

    The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermine the credibility of the source. It is calculated as:
    (Site Conflicts Of Interest + Author Conflicts Of Interest) / 2.0 * 0.2 + ArticleBiasScore * 0.20 + UniquePointsScore * 0.05 + DeceptionScore * 0.20 + ReadabilityScore * 0.05 + FallacyScore * 0.20

    A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

    Retail group pulls back on claim organized retail crime accounts for nearly half of inventory loss

    The Public's Radio Thursday, 07 December 2023 20:10
    • Unique Points
      None Found At Time Of Publication
    • Accuracy
      No Contradictions at Time Of Publication
    • Deception (100%)
      • The article is straightforward and factual, with no apparent deception.
    • Fallacies (100%)
      None Found At Time Of Publication
    • Bias (100%)
      None Found At Time Of Publication
    • Site Conflicts Of Interest (100%)
      None Found At Time Of Publication
    • Author Conflicts Of Interest (100%)
      None Found At Time Of Publication

    96%

    The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermine the credibility of the source. It is calculated as:
    (Site Conflicts Of Interest + Author Conflicts Of Interest) / 2.0 * 0.2 + ArticleBiasScore * 0.20 + UniquePointsScore * 0.05 + DeceptionScore * 0.20 + ReadabilityScore * 0.05 + FallacyScore * 0.20

    A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

    National Retail Federation retracts claim that ‘organized retail crime’ accounted for half of inventory losses in 2021

    Fortune Media Inc. Chris Morris Wednesday, 06 December 2023 00:00
    • Unique Points
      • Retailers have difficulty quantifying losses from organized retail crime, which involves thieves working in groups to steal merchandise and resell it on the black market.
      • In a separate report, the NRF stated that retail crime was responsible for $112 billion in losses in 2022.
    • Accuracy
      No Contradictions at Time Of Publication
    • Deception (100%)
      • The article is straightforward and factual, with no apparent deception.
    • Fallacies (100%)
      None Found At Time Of Publication
    • Bias (100%)
      None Found At Time Of Publication
    • Site Conflicts Of Interest (100%)
      None Found At Time Of Publication
    • Author Conflicts Of Interest (100%)
      None Found At Time Of Publication