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32%  
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  • NY retailers lost $4.4 billion due to organized shoplifting rings in 2022: group

    11/26/2023 3:55:33 PM PST · by george76 · 40 replies
    New York Post ^ | Nov. 26, 2023 | Ariel Zilber
    Retailers across New York state say there’s no end in sight to the rising epidemic of organized shoplifting rings — and warn it could lead to more store closures, increased costs for consumers and threats of violence against store employees. Store owners said they lost $4.4 billion last year as a result of retail theft — which they say adds to the urgency for Gov. Kathy Hochul to crack down. However, Hochul vetoed a bipartisan bill last week — to the chagrin of store owners — that would have created a task force to combat organized theft. ... The Retail...
  • Organized shoplifting is a $100-billion problem. Here's why we're all screwed

    09/23/2023 8:04:49 AM PDT · by dennisw · 53 replies
    MSN ^ | 9-16 | Opinion by Charles "Cully" Stimson, Zack Smith
    • Corporate America is finally waking up to the fact that woke policies on crime are costing them billions. Organized shoplifting efforts and flash mobs of robberies across the country caused businesses $100 billion in losses in 2021 and have only gotten worse since then according to the National Retail Federation. As former Home Depot CEO Bob Nardelli recently put it, Biden’s America has become a "lawless society." And a lawless society is bad for business. Big companies, from Whole Foods, Walmart and Walgreens to Nordstrom, Dick’s Sporting Goods, Lululemon and more have all suffered. Mom-and-pop businesses have suffered too....