According to data from The National Insurance Crime Bureau, Kia and Hyundai top the list of the 10 most stolen vehicles in America. Vehicle theft rates have increased in the United States since the pandemic began. Over a million cars were reported stolen in 2023. The National Insurance Crime Bureau’s
The California Assembly has officially created the first retail theft committee, called the Select Committee on Retail Theft, to address the problem of inconsistent reporting practices within the retail sector. Legislators said it is difficult to find ways to halt smash-and-grab robberies in California, even though recordings of the crimes
Home Depot CEO Ted Decker, in an interview with CNBC’s Becky Quick, expressed concern about retail theft and other inventory loss, warning that an ‘organized’ theft tsunami is “a big problem.” Like many other retailers, Home Depot has been forced to lock high-value items behind cages to counter rampant theft