Companies say organized retail crime is on the rise, but there’s no data to prove it
Publishing timestamp: 2023-08-09 10:26:50
Summary
The article discusses how retail theft is impacting companies' profits and the difficulty in accurately measuring the extent of the problem. Retailers are not required to disclose their losses from stolen goods, making it challenging to verify their claims. The article also mentions the influence of organized retail crime on legislation and the lack of transparency surrounding the issue.
Sentiment: NEUTRAL
Keywords: ulta beauty inc, earnings, target corp, dollar general corp, united states, breaking news: business, business news, foot locker inc, crime, business, retail industry,