• Retail thefts have ballooned in the last few years, creating a multi-billion problem for retailers and forcing companies to take drastic action to protect from lost profits.
• Numerous pharmacies, grocery stores and other retailers have shortened store hours or been forced to close permanently as locked-up merchandise becomes commonplace to protect against shoplifters and smash-and-grab thieves.
• “It has to do with all the shoplifting,” a Walgreens clerk told Fox Business last month on why ice cream freezers were secured with chains and locks.

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