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However, despite being questioned repeatedly Monday about the initiative, Newsom stressed that Proposition 36 "is a separate conversation" from organized retail theft and the statistics from the ...
In the first six months of the state grants, local law enforcement agencies that received state retail crime funding reported more than 6,900 arrests for retail theft, motor vehicle theft and ...
“Recent trends in retail theft and robbery vary across the state and by type of offense – but the data indicate a rise in shoplifting, especially in the Bay Area, and a broader rise in ...
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% ...
The National Retail Federation’s 2023 security survey showed businesses’ nationwide shrink rate — losses caused by external theft, employee stealing and systemic errors — was 1.6% in 2022 ...
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 .
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.
The National Retail Federation’s 2023 National Retail Security Survey showed businesses’ 2022 average shrink rate — calculated as a percentage of sales — was 1.6%, up from 1.4% in 2021 ...