“Shrink,” a retail industry term for lost inventory including shoplifting, drove $112 billion in retail losses in 2022, up from $94 billion in 2021, according to the National Retail Federation.

While some communities continue to struggle with shoplifting, some are turning to artificial intelligence to help catch criminals. So, CBS News Sacramento's Dominic Garcia spoke to one store that ...

Reports show Gritsaev was arrested on charges of aggravated battery on a pregnant person and shoplifting-petit theft at a Dollar General. Gritsaev has been transported to the Sheriff Perry Hall ...

Another shoplifting allegation has been made against former Green MP Golriz Ghahraman, RNZ understands. The incident is alleged to have occurred at a Pak'nSave supermarket late last year. An appeal by ...

In an earnings call on Tuesday, the drug store’s CEO Tim Wentworth blamed declining sales on locked up items. Breaking News Intern Breaking News Intern Got a tip? Send it to The Daily Beast here ...

Walgreens Boots Alliance CEO Tim Wentworth conceded that locking up products in order to combat retail theft had a negative impact on stores. During an earnings call on Friday, executives ...

New research by business insurance experts at Bionic , aided by the nation’s police forces, reveals the UK’s shoplifting hotspots. The study shows that shoplifting cases surged by 26% in the UK in one ...

Locking up store merchandise can deter shoplifters and paying customers alike, according to Walgreens. The pharmacy chain's CEO Tim Wentworth said in Walgreens Boots Alliance's first-quarter ...

Police are investigating a complaint of shoplifting at an Auckland supermarket made against a former MP. The incident is alleged to have occurred in late 2024 at a Pak’nSave supermarket in the ...

Police are investigating a complaint of shoplifting at an Auckland supermarket made against former Green Party MP Golriz Ghahraman, the Herald understands. Ghahraman has already pleaded guilty to ...

Walgreens is struggling to deter shoplifting at its stores, according to CEO Tim Wentworth, who described it as "a hand-to-hand combat battle still, unfortunately." Wentworth spoke to analysts ...