Retail Group Retracts Startling Claim About ‘Organized’ Shoplifting
Posted inBlack Markets California Company Reports Computer and Communications Industry Assn DeSantis, Ron Law and Legislation Lobbying and Lobbyists National Retail Federation New York City News and News Media Newsom, Gavin Organized Crime Police Department (San Francisco, Calif) Robberies and Thefts Shoplifting and Employee Theft (Retail) Shopping and Retail Trump, Donald J United States Economy United States Politics and Government

Retail Group Retracts Startling Claim About ‘Organized’ Shoplifting

The National Retail Federation had said that nearly half of the industry’s $94.5 billion in missing merchandise in 2021 was the result of organized theft. It was likely closer to 5 percent.