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More than plexiglass: Experts weigh in on rising retail crime rate in US

Inside Retail

Factoring in the roughly US$700 million of inventory shrinkage that occurred in 2022, mainly attributed to retail crime, the company is on track to lose up to a total of US$1.2 Shoplifting has been costing it millions of dollars in lost sales, and this year, it will close 20 stores in 11 states.

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