Shoplifting and Employee Theft (Retail)

Rite Aid’s A.I. Facial Recognition Wrongly Tagged People of Color as Shoplifters

Under the terms of a settlement with the Federal Trade Commission, the pharmacy chain will be barred from using the technology as a surveillance tool for five years.

By Eduardo Medina

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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.

By Eduardo Medina

Company Reports Real Estate (Commercial) Shoplifting and Employee Theft (Retail) Shopping and Retail Shutdowns (Institutional) Target Corporation

Target, Citing Theft, to Close Nine Stores

The retailer will close locations in New York, San Francisco, Seattle and Portland, saying its business had been hurt and the safety of employees and customers was at risk.

By Jordyn Holman

Boudin, Chesa California Company Reports McMillon, C Douglas Police Department (San Francisco, Calif) San Francisco (Calif) San Francisco Chronicle Security and Warning Systems Shoplifting and Employee Theft (Retail) Shopping and Retail Target Corporation Walgreen Co Walmart Stores Inc

Walgreens Executive Says Shoplifting Threat Was Overstated

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.

By Amanda Holpuch

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