Retail CEOs Warn Of ‘Dire’ Shoplifting Epidemic After $112 Billion In Losses

  • RETAIL crime has hit an all-time high as stores report more than $112billion in losses.
  • The rampant stealing has caused retailers to beef up security and turn to other drastic anti-theft measures in order to try to stop thieves.
  • The 2023 National Retail Security Survey found that theft-related losses increased from $93.9billion in 2021 to $112.1billion in 2022.
  • “Retailers are seeing unprecedented levels of theft coupled with rampant crime in their stores, and the situation is only becoming more dire,” NRF Vice President for Asset Protection and Retail Operations David Johnston said.
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