‘It’s insanity,’ says CVS shopper finding single tube of toothpaste locked up – as multiple stores ‘1 step from closing’ [Video]
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‘It’s insanity,’ says CVS shopper finding single tube of toothpaste locked up – as multiple stores ‘1 step from closing’ [Video]

OFFICIALS warn that retail theft has risen even more this year, leading to a troubling trend of empty storefronts in major cities.

Over the last year, many chain stores such as CVS, Rite Aid, and Target have voiced alarm at the losses they have faced from retail theft, which has forced them to shut down several stores across the US.

Retail theft across the country has continuously spiked since the pandemic and is up 6.5%, with almost 15,000 incidents, from this time last year in New York City aloneCredit: 2003 Getty Images
Retail crime has forced many chains to go to extreme lengths to fight shoplifting losses including locking up their wares and closing stores
Locked up items to prevent shoplifting also frustrates customers who find it inconvenient and time-consuming to deal with stores’ anti-theft measuresCredit: AFP

Retail crimehas continued to rise since the pandemic, resulting in over $112 billion in losses in 2022, up from $93.9 billion in 2021, …

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