Retail theft News

‘Smash-and-Grab’ Robberies Fuel New Laws, but Critics Question the Need

Even before Virginia lawmakers passed a tough new law against organized retail crime earlier this year, Bradley Haywood, a public defender in Arlington, Virginia, challenged the rationale. The idea that retailers in the state had lost billions to organized theft …

Target Closes Nine NYC, West Coast Stores to Stop Losses From Rising Theft

Target Corp. is closing nine stores in four states to stem losses from rising retail theft. One Manhattan location will be shuttered, along with two in Seattle, three in Northern California and three in Portland, Oregon, Target said in a …

Thieves Swarm Luxury Malls in Southern California and Other Areas, Driving Retail Crime to $100B

It took just minutes for more than 20 thieves, clad in hoods and masks, to swarm the Nordstrom store in the Westfield Topanga shopping center and make off with $300,000 of handbags and other luxury items. A security guard was …