Retailers lost $112B in 2022 because of unprecedented levels of THEFT, causing stores to take drastic measures

Source: http://www.stationgossip.com/2023/10/retailers-lost-112b-in-2022-because-of.html
Published: Oct 5, 2023
Author: Staff
Post Date: 2023-10-05 21:57:50 by Horse
Views: 211

Retailers across the nation faced a "dramatic jump in financial losses" – $112.1 billion in 2022 that is up from $93.9 billion in 2021 and $90.8 billion in 2020 – due to unprecedented levels of organized retail crime, according to the National Retail Federation (NRF).

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#1: Dakmar    To: Horse (#0)

297 Billion dollars over three years. Pretty soon this will start adding up to real money!

Dakmar posted on 2023-10-05 22:02:11   Reply   Private Reply

#2: StraitGate    To: Dakmar (#1)

The most successful -- by a wide margin -- product I ever designed was an electronic anti-theft device. Retail stores attach it to high-cost items, and the checkout girl has a special key-like tool to remove the device from the product. If stolen, it sets off the store alarm (via big antennas at the door -- you've seen 'em) and it also sets off a LOUD alarm on the device itself, loud enough to hear in a parking lot. If a thief surreptitiously and forcibly removes the device from the product inside the store, it detects that and the device alarms inside the store. The company I designed it for sold millions and millions of them, and is still selling them as far as I know. I still see 'em in stores all the time.

StraitGate posted on 2023-10-05 22:28:04   Reply   Private Reply

#3: Dakmar    To: StraitGate (#2)

About 1.5g of C6 would do wonders...

Dakmar posted on 2023-10-05 22:33:37   Reply   Private Reply