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Tag: National Retail Federation
Shoplifting Costs Retailers Billions: These Are Most Frequently Stolen Items
Shoplifting in the US is a costly epidemic, with retailers losing over $120 billion last year.
The trend focuses on easily concealed, high-demand products at major retailers like Walmart and Target, posing a nationwide challenge for store owners and law enforcement.
Electronics, health and beauty products, and food items are among the most commonly stolen goods, Capital One Shopping reports.
Small gadgets such as headphones and phone chargers, alongside over-the-counter medications and cosmetics, are frequent targets.
Alcohol, baby formula, and packaged meats are also popular …
Smile, You're On Body Camera: TJ Maxx To Equip Employees To Fight Shoplifting
To fight the recent rise in shoplifting and retail theft, shoppers could see store security employees wearing body-worn cameras to help catch thieves red-handed.
TJX, the parent company of TJ Maxx, Marshalls, Serria, HomeSense, and HomeGoods, said will begin equipping some employees with body-worn cameras similar to those worn by police, the Boston Globe reported. The company started testing the initiative last year.
The company operates nearly 3,400 stores nationwide.
A call to the Framingham, Massachusetts, headquarters of TJX for comment was not immediately r…
