In many large U.S. cities, shoplifting rates are below pre-pandemic levels. But theft still has a big impact on industry profits, and the data remains murky.
My gut was telling me that retail theft was not the real reason behind stores closing. The big retailers have to have a story to tell their investors. I'm wondering if anyone is looking at the impact Amazon is having on these stores, as well.
My gut was telling me that retail theft was not the real reason behind stores closing. The big retailers have to have a story to tell their investors. I'm wondering if anyone is looking at the impact Amazon is having on these stores, as well.