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.
Category: Police Department (San Francisco, Calif)
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Arrest in Bob Lee Case Has Upended Tech Narrative of San Francisco
Some influential tech executives said Mr. Lee’s death reflected a city overrun by crime, but few have reversed course since the arrest of a man who knew the victim.
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Walgreens Executive Says Shoplifting Threat Was Overstated
The New York Times – Business:In a call with investors on Thursday, the chief financial officer of Walgreens, James Kehoe, said “maybe we cried too much last year” over theft.
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Republicans Continue to Spread Baseless Claims About Pelosi Attack
The New York Times – Business:Some of the conspiracy theories have already seeped into the Republican mainstream.