A flash mob-style ransacking in Philadelphia Tuesday night and other incidents could have retailers on their way to another year of theft losses like the $112.1 billion lost last year.
- A growing number of retailers are sounding the alarms on retail theft and organized retail crime.
- As we covered in our first article, Target this week cited theft for the closure of nine stores, and Dick’s Sporting Goods last month blamed an uptick in theft for a lackluster quarterly profit.