Oregon police execute shoplifting sting as theft projected to soar past $110 billion by 2025

[rangerrebew]

Oregon police execute shoplifting sting as theft projected to soar past $110 billion by 2025
Police in Oregon arrested 11 people during a sting as the national shoplifting crisis continues to tear holes in retailers' budgets
 
By Chris Eberhart FOXBusiness

 

Police in Oregon arrested 11 suspects in a shoplifting sting this week.


Stores across the country lost billions in retail theft last year, according to research by Capitol One Shopping Research.

Local shoplifting is typically accompanied by relatively low-level criminal offenses and not tied to national headlines, but it's a retailer's death by a thousand paper cuts and emblematic of a significant issue plaguing brick-and-mortar retail stores from mom-and-pop shops to giants like Walmart and Target.

Stores lost an estimated $86.6 billion to retail theft in 2022, and projections indicate that in 2025, the amount may reach $115 billion, according to Capitol One Shopping Research.

https://www.foxbusiness.com/fox-news-story/oregon-police-execute-shoplifting-sting-theft-projected-soar-past-110-billion-2025

[DefiantMassRINO]

The real crime for state and local governments ... the loss of sales tax revenue.

 

It's one thing to steal, it's another to threaten Government's tax revenue streams.

[roamer_1]

Stores lost an estimated $86.6 billion to retail theft in 2022, and projections indicate that in 2025, the amount may reach $115 billion, according to Capitol One Shopping Research.

Isn't  That odd... No mention at all about police restrained from enforcing laws, and Soros funded liberal DAs bumping perps right back on the street creating a criminal nirvana...

I wonder why not??

Doesn't matter. Shithole cities have vendors leaving in droves because of crime and lax enforcement... Perhaps this is evidence that the wyrm has turned...