With seemingly endless reports coming in about retail shrink each day, it feels like theft is out of control in America. Some of these recent reports include:
- Home Depot tracking down a crime ring
- San Francisco PD launching blitz operations against retail theft
- Mounting theft losses from shoplifting, flash mobs, and organized crime
- Numerous videos of flash mob robberies
- Las Vegas tackling organized retail crime
Target has recently announced the closure of nine stores and named retail theft as the culprit. Additionally, many retailers across all spectrums, including “Home Depot, Lowe’s, Dollar Tree, Dick’s Sporting Goods, and Ulta, have raised concerns about disappearing inventory, known as ‘shrink.’”