Industry

Organized retail crime wave 'traumatizing' US workers

Posted On: Dec 5, 2021   |   Posted By: RT

Organized retail crime wave 'traumatizing' US workers

Amid a surge in organized shoplifting, Best Buy CEO Corie Barry has said that the crime wave is “traumatizing” employees and making hiring and keeping staff difficult. The retailer is not the only outlet targeted by criminals.
Organized shoplifting has “increased dramatically” over the last two years, Illinois Attorney General Kwame Raoul warned in September. Raoul pointed to shocking figures from the retail industry - theft investigations were up 86% at Home Depot, shoplifting was up 30% at CVS, and Lowe's Home Improvement recorded $1.3 million in losses due to theft last year, compared to $388,000 in 2019.
Since Raoul sounded the alarm, shocking videos have emerged showing brazen thefts by organized gangs in the AG's own city of Chicago, and as far afield as San Francisco , California.
$100k in handbags 👜 stolen at a Louis Vuitton store near Chicago! pic.twitter.com/jaElFgbkWO - Asian Crime Report November 19, 2021
“These are traumatic experiences, and they are happening more and more across...

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