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    'Unprecedented' theft contributed to $112 billion in retail losses last year

    Losses from retail crime ticked up in 2022, causing many retailers across the country to change the way they do business, according to a survey released on Tuesday by the National Retail Federation. "Retailers are seeing unprecedented levels of theft coupled with rampant crime in their stores, and the situation is only becoming more dire," David Johnston, NRF's vice president for asset ...
    by Carly Olson, Los Angeles Times Oct 31, 2023 2 minutes
    Razor blades are locked up inside a glass showcase at a CVS store in Woodland Hills, California, on Oct. 19, 2022.

    Losses from retail crime ticked up in 2022, causing many retailers across the country to change the way they do business, according to a survey released on Tuesday by the National Retail Federation.

    "Retailers are seeing unprecedented levels of theft coupled with rampant crime in their stores, and the situation is only becoming more dire," David Johnston, NRF's vice president for asset protection and retail operations, said in

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