Exchange ‘Takes a Bite Out of Crime’
MEDIA CONTACT: Chris Ward
MEDIA ADVISORY: 12-046
RELEASE DATE: Aug. 23, 2012
DALLAS – According to the National Association for Shoplifting Prevention, losses due to thefts from retail stores alone amount to more than 35 million a day. The Army & Air Force Exchange Service, which has contributed more than $2.4 billion to morale, welfare and recreation programs in the past 10 years, continues to focus its efforts on reducing theft to maximize the investment authorized shoppers make in their Exchange benefit.
Through an aggressive “Shoplifting Awareness Community Outreach” program targeted at youth, closed circuit televisions with DVR technology and high-tech Electronic Article Surveillance, the Exchange took “a bite out of crime” at its facilities last year as shoplifting cases dropped 12.7 percent, from 5,432 in 2010 to 4,742.
The value of merchandise involved in these incidents also dropped, from $533,760 to $529,440 in 2011.
“Because of the toll shoplifting takes on retail, shoppers typically pay 1.5 cents more per dollar as a result,” said the Exchange’s Vice President of Loss Prevention Rick Koloski. “Our proactive, and visible, efforts to prevent shoplifting have resulted in three consecutive years of decreases and, as a result, a stronger benefit for those we serve.”
If shoplifting is suspected, the Exchange Loss Prevention office turns the issue over to local law enforcement. In addition to possible disciplinary action and/or criminal prosecution, the Federal Claims Collection Act allows the Exchange to enact a flat, administrative cost (Civil Recovery) of $200. There may be further fees, in addition to the Civil Recovery Program, depending on the condition of the stolen merchandise.
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The Army & Air Force Exchange Service is a joint non-appropriated fund instrumentality of the Department of Defense and is directed by a Board of Directors which is responsible to the Secretaries of the Army and the Air Force through the Service Chiefs of Staff. The Exchange has the dual mission of providing authorized patrons with quality merchandise and services at competitively low prices and generating non-appropriated fund earnings as a supplemental source of funding for military morale, welfare and recreation programs. To find out more about the Exchange history and mission or to view recent press releases please visit our Web site at http://www.shopmyexchange.com.
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Media Notes:
For more information or to schedule an interview with an Exchange representative please contact Chris Ward, 214-312-2714 or [email protected].