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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% ...
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 .
In the early hours on the morning of June 8, 2017, employees at a Weis Markets supermarket in Eaton Township, Pennsylvania, United States, were stocking and closing the store for the night. Shortly before 1:00 a.m., 24-year-old Randy Stair barricaded the exits of the store and proceeded to shoot and kill three of his co-workers before fatally ...
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 ...
According to DuPage County State’s Attorney Bob Berlin, retail theft accounts for just over 40% of the total number of felony charges his office has handled since Black Friday, the day after ...
The $1.4 million scheme Dell and his accomplices carried out is only a drop in the bucket. Retailers suffered more than $112 billion in losses due to shrink last year alone, according to the ...
Preventing retail theft before it happens — it sounds like a fairy tale, but artificial intelligence could make it a reality. Videos and images of organized "smash-and-grabs" at stores and malls ...
The Bufalino crime family, [5] also known as the Pittston crime family, [6] the Pittston–Scranton crime family, [7] the Scranton–Wilkes-Barre crime family, [6] the Northeastern Pennsylvania crime family, [8] the Northeastern Pennsylvania Mafia, [9] [10] or the Scranton Mafia, [11] was an Italian-American Mafia crime family active in Northeastern Pennsylvania, primarily in the cities of ...