If they steal it, stop carrying it. That’s what stores are doing to deter theft

Theft-Deterrence

Revelations 13:16-18 “Also it causes all, both small and great, both rich and poor, both free and slave, to be marked on the right hand or the forehead, so that no one can buy or sell unless he has the mark, that is, the name of the beast or the number of its name. This calls for wisdom: let the one who has understanding calculate the number of the beast, for it is the number of a man, and his number is 666.”

Important Takeaways:

  • Dollar Tree taking ‘very defensive approach’ to shoplifting, CEO says
  • Other companies such as Walmart and Target have raised the alarm on shoplifting and organized retail crime in recent weeks.
  • The 2022 edition of the annual retail security survey from the National Retail Federation found that total losses from shrink increased roughly 4% in 2021, coming in at $94.5 billion. The survey, which came out in mid-September, linked the losses “primarily” to external theft like organized retail crime.
  • Dollar Tree CEO says stores will discontinue carrying items they can’t keep on shelves due to theft

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