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Retail thefts are on the rise. The National Retail Federation’s annual 2022 survey found that the average shrink rate — an industry term for lost inventory — was 1.4%. "We're getting more ...
The measures range from redefining retail crimes and adjusting penalties to allowing cross-county aggregation of theft charges and protecting retail workers. Major retailers have responded to ...
Across the country, the “actual increase in rates of theft” at stores does not “correspond to the increase in company commentary and actions” on theft, according to a new report by retail ...
Retail theft has become a priority for California leaders in recent years. In September, Gov. Gavin Newsom sent $267 million to cities and counties to increase arrests and prosecutions of ...
According to the National Retail Federation, shoplifting incidents increased by 93% between 2019 and 2023, leading to more than $100 billion in losses. Don't miss
It's not just shoplifting — organized retail crime and employee theft have become growing concerns, according to the NRF. ... Target stores saw a 120% increase in theft incidents involving ...
Retail giants have always had to deal with petty theft, but a growing trend of organized retail crime is now not just eating into company profits, it’s threatening the safety of workers.
Retailers say they're seeing theft and rampant crime soar in their stores, prompting them to rethink how they operate, according to a new survey. 'Unprecedented' theft contributed to $112 billion ...