According to authorities, 18 people were arrested in Los Angeles when police uncovered an organized criminal network that targeted clothes and shoe retailers. This is the retail theft 'epidemic' spreading across the US.
A growing number of current and former CEOs have expressed concerns about an upsurge in retail thefts across the United States, which might lead to higher prices and the closure of stores.
“Today, this thing is an epidemic. It’s spreading faster than COVID,” former Home Depot CEO Bob Nardelli told Fox News on Dec. 8. “The degree of severity now, it’s not just theft, it’s smash and grab. There’s an entitlement out there that if you have it, you’ve worked hard to earn it, I want it. I’m just going to take it.”
An 83-year-old Home Depot employee was killed last week after being shoved by a thief at a North Carolina facility, according to officials. The worker, Gary Rasor, tried to confront a suspect who was fleeing with three power washers before being shoved...