Home Local News Organized retail crime on rise. What’s changed?

Organized retail crime on rise. What’s changed?

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People have been stealing from retailers for as long as there have been retailers, but the pandemic, along with a shift in organized theft, intensified things.

Incidents of organized retail crime have increased across the country, according to the National Retail Federation, with retailers struggling to stop stolen goods from being sold online. Amid the pandemic, high inflation, staffing shortages and more, organized retail crime is costing businesses more than $700,000 for every $1 billion in sales, according to the organization.

“Yes, some Delaware retailers report a rise in theft, but not all,” said Michael J. Quaranta, Delaware State Chamber of Commerce president. “Theft is a long-standing concern in retail and impacts some more than others. Some stores report greater than average theft over the past couple of years, while others see little change.”



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Source: GANNETT Syndication Service