A nationwide retail theft epidemic cost the United States close to $100 billion in 2021. Stores are being forced to raise prices or shut up shop, insurers are refusing to help, and smaller mom and pop stores are being left behind. In this series, Mayhem on Main Street, The Washington Examiner will…
A nationwide retail theft epidemic cost the United States close to $100 billion in 2021. Stores are being forced to raise prices or shut up shop, insurers are refusing to help, and smaller mom and pop stores are being left behind. In this series, Mayhem on Main Street, The Washington Examiner will investigate the causes behind the scourge of shoplifting, the role of the cartels, the cost to stores big and small, and the complicity of lax prosecutors.
Filing an insurance claim, several said, would almost assuredly result in premium hikes or dropped coverage. Last year, Tamara Young, the owner of Consign Couture, an upscale consignment store in Oregon, expanded her business to a second location in Washington Square, a Portland-area mall that houses high-end retailers like Coach and Blue Nile as well as more moderately priced stores like Claire's and JCPenney. She picked the location because she felt it was a"more secure place to sell Louis Vuitton and Chanel bags.
"The police have warned us that one day our staff may be standing in between a thief and the bags they are after," she posted on her store's blog."The possibility of our team being watched, followed, and forced to open a safe or vault under the threat of bodily harm is unfathomable. To put our team at risk over a designer handbag is quite simply not worth it, and particularly worrying when the response times from the police are so great and criminals are not held accountable.
"If the government doesn't step in at some point and decide that they are actually going to hold some people accountable, then we live in a completely lawless society," he said, adding that he isn't advocating for"locking people up for 20 years" but says there needs to be consequences.
Nicewarner said the couple tried to sell the book to a similar store, adding that her store has also been hit by online looters. A"customer" recently placed a $400 order. After mailing the material, they received word from the bank that the card was reported stolen and that Back in Time Comics would have to take the loss.
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