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September 13, 2024 at 6:00 AM. A year ago, America’s stores declared a shoplifting epidemic. They closed stores in major cities, hired extra security, locked up key merchandise and declared big ...
Retail stores closing in urban communities, such as the Target store in East Harlem, have better alternatives to deal with shoplifting than closure, writes Keldy Ortiz. Opinion: Retail chains are ...
Since stores reopened from the pandemic, businesses have been sounding the alarm about a rise in theft, particularly from organized groups stealing merchandise. Some companies say they are closing ...
Shoplifting. A person in a store slipping an item into his pocket. Notice warning shoplifters of potentially being arrested in Subang Parade, Malaysia. Shoplifting (also known as shop theft, retail theft, or retail fraud) is the theft of goods from a retail establishment during business hours. The terms shoplifting and shoplifter are not ...
Retail apocalypse refers to the closing of numerous brick-and-mortar retail stores, especially those of large chains, beginning around 2010 [2][3] and accelerating due to the mandatory closures during the COVID-19 pandemic. In 2017 alone, more than 12,000 physical stores closed. The reasons included debt and bankruptcy in the face of rising ...
Due to such easy access, by the time Gimbels closed in 1986, this store had the highest rate of "shrinkage", or shoplifting losses, in the world. [17] Doors also opened to a pedestrian passage under 32nd Street, connecting Penn Station to the 34th Street (New York City Subway) and 33rd Street stations. This Gimbels Passageway was closed in the ...
The top five stores in Gig Harbor with the most shoplifting calls from Jan. 1, 2023, to Sept. 16, 2024, were Albertsons, Target, Famous Footwear, Safeway and Rite Aid.
Target said Tuesday that it will close nine stores in four states, including one in New York City's East Harlem neighborhood, and three in the San Francisco Bay Area, saying that theft and ...