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Retailers suffered more than $112 billion in losses due to shrink last year alone, according to the National Retail Federation, putting the bust at just 0.00125% of the year's total.
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 ...
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 does not classify these crimes as "flash mobs" but rather "multiple offender crimes" that utilize "flash mob tactics". [6] [7] In a report, the NRF noted, "multiple offender crimes tend to involve groups or gangs of juveniles who already know each other, which does not earn them the term 'flash mob'." [7]
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 ...
Last year, the National Retail Federation retracted a false claim it made in a 2021 report that attributed nearly half of retail shrink to organized retail crime.
Motor vehicle theft is a common form of property crime, often perpetrated by youths for joyriding. The FBI includes attempted motor vehicle thefts in its Uniform Crime Report (UCR) definition. About 15-20% of motor vehicle thefts are committed for their auto parts or with an intent of re-selling them on the black market. [13]