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Friday, September 29, 2023

Retailers Lost Billions of Dollars to Shoplifters in 2022, Survey Shows

Retailers lost more than $112 billion to crime in 2022, a roughly 19% increase in losses from 2021, a survey from the National Retail Federation (NRF) and the Loss Prevention Research Council found. 

At least 28% of businesses who responded to the survey reported that they had closed locations because of organized retail theft, while 30% reduced or altered their in-store product selections. Out of the 177 retail brands surveyed, 88% said that shoplifters had become somewhat more or much more violent in 2022 compared to the previous year.
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6 comments:

  1. bogsidebunnySeptember 29, 2023 at 10:59 AM

    Retailers didn't lose billions in 2022. They just passed it on to their customers.

    ReplyDelete
  2. Henk VandenberghSeptember 29, 2023 at 11:16 AM

    You guys are seeing it ALL WRONG!
    We would have had to pay an extra $112 billion in taxes to support these thugs if we would not have allowed them to 'work' or steal for a living.

    ReplyDelete
    Replies
    1. AnonymousSeptember 29, 2023 at 2:32 PM

      Its not an either/or as you propose. The rats are taking both.

      Delete
  3. RobSeptember 29, 2023 at 12:28 PM

    I didn't read the article but I did read the blurb about shoplifters becoming "more" violent.
    I'd think that (generally) once violence becomes a factor it's not "shoplifting" anymore as it's turned into a violent crime...

    ReplyDelete
  4. Mad JackSeptember 29, 2023 at 1:12 PM

    The cops won't arrest shoplifters in Columbus, OH. They won't even get involved.

    ReplyDelete
  5. AnonymousSeptember 29, 2023 at 3:40 PM

    Ironically, Target is closing stores. They should be forced to keep those stores open and maintain them at peak inventory. After all, they invited all of this change.

    ReplyDelete

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