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Retail theft surges 93% since before COVID-19 pandemic: ‘Retailers have not been crying wolf’

m.knox

Well-Known Member
Gold Member
Aug 20, 2003
126,969
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So it essentially doubled...... @fbh1 is here to tell you it's not a problem. Trump is the problem.

And remember, the best way to reduce retail theft is to not punish the thief.

https://nypost.com/2024/12/18/business/retail-theft-surges-93-since-before-covid-19-pandemic/

The average number of shoplifting incidents jumped 93% in 2023 compared with pre-pandemic times and monetary losses for retailers have risen 90%, according to the nation’s largest retail trade group.

With its “Impact of Retail Theft & Violence 2024” study, the National Retail Federation (NRF) is highlighting the severity of this issue. For instance, despite the continuous efforts by retailers to combat such crimes and a growing number of states that have updated their laws to prosecute organized retail crime as felonies, the number of retail theft incidents continues to climb.

According to the data from the report, conducted in partnership with the Loss Prevention Research Council, incidents have jumped 26% in 2023 from the prior year.

“This isn’t what we were used to. This isn’t the shoplifting I was apprehending 30 years ago,” David Johnston, NRF vice president of asset protection and retail operations, told FOX Business. “These are people who are shoplifting because they know when they have an outlet to sell this merchandise to.”
 
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