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  2. Retail theft a ‘growing crisis’ in Texas law enforcement ...

    www.aol.com/retail-theft-growing-crisis-texas...

    Texas codified specific penalties for organized retail theft back in 2007 when the crime cost businesses an estimated $2.5 billion — but since then, the crime has only become more popular.

  3. Shoplifting - Wikipedia

    en.wikipedia.org/wiki/Shoplifting

    Shoplifting (also known as shop theft, shop fraud, retail theft, or retail fraud) is the theft of goods from a retail establishment during business hours. The terms shoplifting and shoplifter are not usually defined in law, and generally fall under larceny .

  4. Organized retail crime - Wikipedia

    en.wikipedia.org/wiki/Organized_retail_crime

    However, the National Retail Federation (NRF) said that same month that the effect of theft on retailers’ bottom lines was about the same as in previous years, with total retail shrinkage at $112 billion in 2022 (1.55% of sales), up from $93.9 billion (1.44% of sales) in 2021. External theft, including organized retail crime, represented 36% ...

  5. Flash rob - Wikipedia

    en.wikipedia.org/wiki/Flash_rob

    [1] [2] [3] Typically, store workers and employees in these cases quickly become overwhelmed by the large number of participants and cannot stop the theft. [ 4 ] [ 5 ] The National Retail Federation does not classify these crimes as "flash mobs" but rather "multiple offender crimes" that utilize "flash mob tactics".

  6. During an annual crime report at the Sept. 9 City Council meeting, Busey offered several reasons he believes retail theft — calculated as part of larceny-theft offenses — went down from 2022 ...

  7. WA retailers lose $3 billion to theft each year. Here’s what ...

    www.aol.com/news/wa-retailers-lose-3-billion...

    The police department has a unique approach to curb shoplifting: Ask fewer questions.

  8. Home Depot's organized crime bust shows how hard it is to ...

    www.aol.com/finance/home-depots-organized-crime...

    For premium support please call: 800-290-4726 more ways to reach us. ... "Shrink," or retail theft, ... according to the National Retail Federation, putting the bust at just 0.00125% of the year's ...

  9. What’s behind this alarming trend? - AOL

    www.aol.com/finance/were-investing-more-security...

    Report shows theft is costing the retail industry $100 billion. ... For premium support please call: 800-290-4726 more ways ... but a growing trend of organized retail crime is now not just eating ...