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The National Retail Federation’s latest report attributed 36% of the $112.1 billion in lost merchandise in 2022 to “external theft,” which includes organized retail crime.
800-290-4726 more ways to reach us. ... cities specifically because “theft and organized retail crime are ... trends in 30 states that raised their felony theft thresholds between 2000 and 2012 ...
On Sept. 26, Target set off a national firestorm when it said it would close nine stores in four states because theft and organized retail crime had made them too dangerous to run. Target blamed ...
The National Retail Federation estimates that retailers lost $40.5 billion to external theft, including organized retail crime, in 2022. That represented about 36% of total inventory losses ...
The National Retail Federation recently called for a federal crackdown on retail crime, saying, “retailers are seeing unprecedented levels of theft coupled with rampant crime in their stores ...
Retail theft is on the rise, leaving retailers grappling with how to protect their inventory without alienating customers. ... Car insurance in America now costs a stunning $2,329/year on average ...
The scale of merchandise theft, Kubrin added, is sometimes overblown by a retail industry happy to pin its problems, which include market forces such as inflation and a shift to online shopping ...
The retail apocalypse may be happening sooner than expected. Retail store closures in America just hit the highest level since the pandemic — and are expected to rise to about 15,000 in 2025.