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Oil Shock, Consumer Stress, and Retail Theft: Why Now Is the Time to Invest in EAS Systems and Tags

Steve Jacobs

No serious asset protection professional should claim that high gas prices automatically “cause” shoplifting. Theft is driven by many factors: opportunity, weak deterrence, organized retail crime, staffing gaps, prosecution risk, and economic stress. But it is reasonable, and operationally responsible, to recognize that when essentials take a bigger bite out of household budgets, retailers often face more theft pressure at exactly the same time their margins are under strain.

Diamond Doris The Jewel Thief Only Store Bans Could Stop

Steve Jacobs

By 2016, Doris Payne’s name already carried a mythic aura. Often framed as a globe trotting jewel thief who relied less on force and more on charm, distraction, and audacity. Then came the modern retail security version of the tale: surveillance video, mall police response, plea negotiations, and the ultimate LP trump card when a person keeps coming back, formal bans from stores and malls.

Hedy Lamarr’s 1966 May Co. Wilshire Shoplifting Case Sparked a National Media Frenzy

Steve Jacobs

The allegation was small on paper at roughly $86 worth of merchandise shoplifted.
The setting was pure mid century Los Angeles: May Company Wilshire, the gleaming retail palace with a gold cylinder on the corner that once served as the Miracle Mile’s showpiece.
After the cameras, the quotes, and the crowded courtroom energy was over there was an acquittal that only made the story linger longer.

If the Supreme Court Orders Tariff Refunds, It Could Quietly Save Main Street

Steve Jacobs

A meaningful refund isn’t “found money” for these companies, it’s back rent, payroll, and inventory funding that they’ve been effectively fronting to the government. For many, it would literally be the difference between shuttering and surviving....A tariff is just a tax on imports, paid by the U.S. business receiving the goods at the port of entry. Broad based tariffs don’t mainly hit foreign governments, they hit American companies and, indirectly, American consumers.

https://www.retaildive.com/news/winners-losers-black-friday-2025/806610/#:~:text=Additionally%2C%20units%20per%20transaction%20dropped,year%2C”%20CI&T's%20Minkow%20noted.

Black Friday 2025: Why Today’s “Deals” Set the Stage for Tomorrow’s Shoplifting Surge

Steve Jacobs

Black Friday 2025 sent a loud signal: shoppers are paying more for less, and they know it. In a retail environment already stretched by inflation, tariffs, and thinner staffing, that’s exactly the kind of pressure cooker that typically leads to higher shoplifting and fraud.

Retailers who acknowledge that reality now, and invest accordingly in prevention, EAS, store design, and smarter promotions, will be in a much better position when the 2026 “hangover” hits.

https://www.retaildive.com/news/winners-losers-black-friday-2025/806610/#:~:text=Additionally%2C%20units%20per%20transaction%20dropped,year%2C”%20CI&T's%20Minkow%20noted.

Black Friday 2025: Turning the Shoplifting Surge into a Retail Security Win

Steve Jacobs

The NRF/LPRC/Sensormatic report makes one thing crystal clear: theft and violence aren’t going away on their own. Retailers are seeing more incidents, more organization, and more aggression than just a few years ago.

Black Friday 2025 will be a stress test for every loss prevention program. But with a data driven, layered approach, and EAS and security tags positioned at the center, you can:

  • Keep more product on the floor instead of behind glass

  • Protect employees and customers

  • Hold onto the margin you’re working so hard to drive that weekend

https://297051953189d612da9e-1e2a7931911c2abaf913026fb7c64860.ssl.cf1.rackcdn.com/Research/Retail%20Theft%20%26%20Violence/NRF_ImpactofRetailTheftViolence_2024.pdf

Tariffs Are Fueling a Hidden Retail Crisis. You Can Speak Out!

Steve Jacobs

For big box chains with scale, that hurts. For independent retailers, dollar stores, convenience operators, pharmacies, apparel boutiques, it’s brutal. They already operate on thin margins, and they don’t have the leverage to negotiate everything away. So they either raise prices, reduce selection, or delay inventory refreshes. None of those options make shoppers happier.

https://www.votervoice.net/NRF/Campaigns/123436/Respond

Auto Parts Are Getting Pricier, And More Vulnerable. Here’s How to Protect Them.

Steve Jacobs

If you sell auto parts today, you’re fighting a two-front war: rising costs and rising shrink. Parts were already high ticket; now, with broad tariffs touching a huge portion of the automotive supply chain, and headline rates around 25% on some vehicle categories, sticker prices are climbing. That squeezes honest shoppers and, unfortunately, makes parts a hotter target for opportunistic theft and organized retail crime (ORC).

August Retail Sales Are Up. Here’s Why It’s the Moment to Double Down on EAS.

Steve Jacobs

When sales accelerate, more units move through your doors, more merchandise sits on the floor, and more associates are stretched to meet demand. That combination reliably increases opportunistic theft, especially in small, high-margin items (beauty, accessories, electronics peripherals) and busy zones near entrances/exits. With tariffs lifting input costs and wage pressure still elevated in many markets, every basis point of shrink now cuts deeper into profitability.

West Hollywood Bans Retail Sales of Live Animals, As Pet Stores Face Growing Shoplifting Challenges

Steve Jacobs

On August 20, 2025, the City of West Hollywood made headlines by voting unanimously to ban the retail sale of nearly all live animals within city limits. The amendment to West Hollywood Municipal Code Chapter 9.50.020 expands the city’s previous ban on selling dogs and cats...As laws shift to protect animals, pet retailers must still protect their inventory. Loss prevention isn’t just about profits; it ensures honest customers aren’t paying the price for theft driven losses.

https://ktla.com/news/local-news/west-hollywood-elects-to-ban-retail-sales-of-nearly-all-live-animals/

Tariffs, Inflation, and the Road Ahead for Apparel and Other Retailers

Steve Jacobs

Historically, core goods inflation, covering items like apparel, home furnishings, and electronics, has been muted. In July, however, economists noted that tariff-driven cost increases are starting to make their way to the shelf. This is particularly relevant for retailers that depend on imported goods from countries targeted by recent tariff actions.

https://www.cnbc.com/2025/08/12/heres-the-inflation-breakdown-for-july-2025-in-one-chart.html