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  2. New shoplifting data explains why they’re locking up the ...

    www.aol.com/shoplifting-data-explains-why...

    The National Retail Federation’s latest report attributed 36% of the $112.1 billion in lost merchandise in 2022 to “external theft,” which includes organized retail crime.

  3. Chains are using theft to mask other issues, report says - AOL

    www.aol.com/finance/retailers-overstating-impact...

    The National Retail Federation said that retailers’ losses, known as shrink, increased 19% last year to $112 billion, based on a survey of 177 retailers. But shrink as a percentage of sales fell ...

  4. Organized retail crime - Wikipedia

    en.wikipedia.org/wiki/Organized_retail_crime

    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% ...

  5. The alleged crime epidemic in places like San Francisco ... - AOL

    www.aol.com/finance/alleged-crime-epidemic...

    For the last three years, shopkeepers across America have been up in arms about the alleged crime wave that has gripped the nation’s cities. ... Actual crime statistics point to another culprit ...

  6. The CEO of Walgreens admits anti-theft measures like ... - AOL

    www.aol.com/finance/ceo-walgreens-admits-anti...

    Retail theft is on the rise, leaving retailers grappling with how to protect their inventory without alienating customers. ... Car insurance in America now costs a stunning $2,329/year on average ...

  7. Inside the organized crime rings plaguing retailers including ...

    www.aol.com/news/inside-organized-crime-rings...

    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 ...

  8. 'The bane of retail.' To prevent theft, many big chains now ...

    www.aol.com/news/bane-retail-prevent-theft-many...

    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 ...

  9. AI is helping retailers fight back against organized theft - AOL

    www.aol.com/finance/ai-helping-retailers-fight...

    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.

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