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Share Organized retail crime has ballooned into a $100 billion problem — and store employees are dying over it

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Organized retail crime has ballooned into a $100 billion problem — and store employees are dying over it

Dec 18 2022 by Business Insider

Anti-theft measures in place at a CVS Pharmacy in Queens, New York.

Lindsey Nicholson/Universal Images Group via Getty Images

Organized retail crime increased by 26.5% in 2021, according to the National Retail Federation. Retailers like Target, Walmart, and Walgreens said organized retail crime highly threatens business. These crimes have become increasingly violent, the National Retail Federation found.

Target is expecting to lose $600 million in profits because of it. Walgreens reported a...

Continue Reading Organized retail crime has ballooned into a $100 billion problem — and store employees are dying over it