• Organized theft costs US retailers 700.000 dollars per each billion dollars in sales

    1 month ago - By Fashion United

    ANALYSIS
    Major retailers across the U.S. are facing a surge in organized shoplifting, with about 80 people participating in the organized ransack of a Nordstrom store in California and more than a dozen people swiping merchandise from a Louis Vuitton store in Chicago, where Neiman Marcus saw one of its store also looted. On Thanksgiving day another luxury store, this time a Bottega Veneta store in Los Angeles, was also robbed.
    “Retailers have always had shoplifting, but the concern now is there seems to be a surge in organized, gang-related theft,” said Neil Saunders, an analyst and...
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