Thursday, December 7, 2023

Just in time for election season organized retail crime is now a 36% problem for inventory losses, not 50%

 The main lobbying group for U.S. retailers retracted its claim that “organized retail crime” accounted for nearly half of all inventory losses in 2021 after finding that incorrect data was used for its analysis. ...

Retail executives and law enforcement officials use the term organized retail crime to describe coordinated groups of thieves who shoplift or steal from retailers’ warehouses and trucks, reselling stolen merchandise on the black market.

More.

Wouldn't want to offend the black market now would we?