Organized retail theft ring that targeted Macy's, other retailers is charged in New York
Publishing timestamp: 2024-05-09 12:58:48
Summary
Two New Yorkers were charged with possessing over $1 million in stolen goods from various retailers and reselling them through their business in Midtown Manhattan. Retailers like Target and Ulta are increasingly citing theft as a growing problem. Authorities found that stolen items were being resold at a beauty store near the Empire State Building. Retailers and law enforcement are working together to combat organized retail crime.
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Keywords: macy's inc, new york, amazon.com inc, breaking news: business, bath & body works inc, rite aid corp, crime, business news, business, walgreens boots alliance inc, ulta beauty inc, target corp, theft, victoria's secret & co, cvs health corp, new york city, retail industry,
Source: https://www.cnbc.com/2024/05/08/organized-theft-ring-that-targeted-macys-charged-in-nyc.html