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Economy

mahatmakanejeeves

(60,921 posts) Sat Dec 4, 2021, 08:36 AM Dec 2021

Retailers Grapple With Losses Amid Spate of Smash-and-Grab Robberies (video)

WSJ | VIDEO

Retailers Grapple With Losses Amid Spate of Smash-and-Grab Robberies

Major retail stores including Home Depot, CVS and Nordstrom have all been targets of recent organized retail crimes

By Wall Street Journal
Dec 02, 2021 6:00 am

A spike in smash-and-grab robberies is driving retailers to find new ways to boost security and protect merchandise this holiday shopping season. Retailers say organized crime incidents have risen during the pandemic. Photo: Oak Brook Police Department

3 replies

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Retailers Grapple With Losses Amid Spate of Smash-and-Grab Robberies (video) (Original Post) mahatmakanejeeves Dec 2021 OP

Its paywalled but I seriously doubt that Voltaire2 Dec 2021 #1

I don't know why they are going after stuff like Gucci and Prada. Tomconroy Dec 2021 #2

The gangs are securing inventory for their online sales. mahatmakanejeeves Dec 2021 #3

Voltaire2

(14,700 posts)

1. Its paywalled but I seriously doubt that

Reply to mahatmakanejeeves (Original post)

Sat Dec 4, 2021, 10:10 AM

Dec 2021

retail losses can be attributed to shoplifting as the primary factor, or even one of the primary factors.

US retail has been in a major decline for like the last two decades, and the cause is Jeff Bezos.

Tomconroy

(7,611 posts)

2. I don't know why they are going after stuff like Gucci and Prada.

Reply to mahatmakanejeeves (Original post)

Sat Dec 4, 2021, 10:40 AM

Dec 2021

Everybody knows those things are way overpriced.

mahatmakanejeeves

(60,921 posts)

3. The gangs are securing inventory for their online sales.

Reply to Tomconroy (Reply #2)

Sat Dec 4, 2021, 10:44 AM

Dec 2021

That's what the video was about.

And good morning.

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