What podcasts say about Scott Glenn
Every statement, with the speaker, the exact quote and the moment it was said.
What Scott Glenn has said on podcasts
15 statements · 3 positive · 9 negative · 1 mixed · 2 neutral
Power drills are commonly stolen by volume; copper and wire are major theft targets by dollar value.
“Volume or dollars?”
Open the episode · The Rise of Organized Retail Crime at Big Box StoresListen at 5:56
Higher copper prices increase its attractiveness to thieves.
“It is definitely a commodity that fluctuates in price. And when the price goes up, it becomes really valuable to the bad guys.”
Open the episode · The Rise of Organized Retail Crime at Big Box StoresListen at 7:01
Industrywide retail shrink is estimated in the billions to tens of billions of dollars.
“It's in the billions. It's in the tens of billions, the shrink problem.”
Open the episode · The Rise of Organized Retail Crime at Big Box StoresListen at 12:39
Organized retail crime losses have been underreported since COVID.
“And I also believe since COVID, they've been underreported.”
Open the episode · The Rise of Organized Retail Crime at Big Box StoresListen at 14:44
AI-based retail theft detection is expensive and hardware-intensive.
“But it is expensive. And it's a lot of processing power. It's a lot of hardware that you have to put into your stores.”
Open the episode · The Rise of Organized Retail Crime at Big Box StoresListen at 23:54
RFID could improve theft tracking, inventory location, sales, replenishment, and stock accuracy.
“RFID has a lot of promise in terms of tracking, not just the theft side of product, but like, where is this product in the store? Has it been sold? What's the replenishment look like? How do you get your on-hands corrected?”
Open the episode · The Rise of Organized Retail Crime at Big Box StoresListen at 25:16
Passive RFID does not work effectively in Home Depot stores because steel blocks signals.
“We are a hardware store with basically a Faraday cage of steel throughout our stores. We do a passive RFID does not work in our stores.”
Open the episode · The Rise of Organized Retail Crime at Big Box StoresListen at 28:29
RFID remains expensive to deploy at scale, though future costs are uncertain.
“It is truly the hardware capabilities to be able to put it everywhere you want, to be able to read the way you want it to. It's still a very expensive technology to this point. Three years from now, who knows?”
Open the episode · The Rise of Organized Retail Crime at Big Box StoresListen at 29:12
Many stolen retail products resell for roughly 70%–80% of retail price.
“So we see a lot of our products selling in the 70% to 80% of retail range.”
Open the episode · The Rise of Organized Retail Crime at Big Box StoresListen at 37:46
Consumable stolen goods often resell for roughly 30%–40% of retail price.
“Whereas in some cases, you'd think about the deodorants and the T-shirts and the Tylenol and some of that tends to be in the 30% to 40 cents of retail. market.”
Open the episode · The Rise of Organized Retail Crime at Big Box StoresListen at 37:51
Meta and peer-to-peer marketplaces could do more to combat stolen-goods sales.
“We think they could do more.”
Open the episode · The Rise of Organized Retail Crime at Big Box StoresListen at 39:00
Locking merchandise can increase sales in categories by preserving inventory availability.
“There's also many, many categories where actually sales go up because you're in stock.”
Open the episode · The Rise of Organized Retail Crime at Big Box StoresListen at 43:11
Online shrink commonly involves payment, gift-card, and credit-card fraud.
“But it's typically around the payment side and the gift card and credit card fraud.”
Open the episode · The Rise of Organized Retail Crime at Big Box StoresListen at 44:15
AI enables criminals to create convincing fraudulent shipping paperwork for cargo theft.
“AI is playing a space in this where they're able to kind of duplicate some of the capacities that allow a driver to walk, just drive straight in and say, I'm here to pick up trailer one, two, three, four, five. And they go right out because their paperwork looks really real.”
Open the episode · The Rise of Organized Retail Crime at Big Box StoresListen at 45:47
Federal and state efforts against organized retail crime are moving in a more supportive direction.
“So the short answer is absolutely, I think the tide is changing.”
Open the episode · The Rise of Organized Retail Crime at Big Box StoresListen at 51:27
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.