Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Rubio: 'Very short window', maybe days, for Hamas to accept deal
Al Mayadeen correspondent to southern Lebanon: Israeli warplanes launched a raid on the Ksar Zaatar neighborhood in western Nabatieh.
Al Mayadeen's correspondent in Gaza: The tower destroyed by the Israeli occupation in Gaza includes media offices, including Al Mayadeen's bureau.
Al Mayadeen's correspondent in Gaza: Four fetuses and three premature babies died at Nasser Medical Complex due to malnutrition
Lebanese Ministry of Health: One person was killed in an Israeli airstrike on a car in the town of Burj Qalawieh, south Lebanon.
Al Mayadeen correspondent: The first ship of the Maghreb fleet delivering aid to break the siege on Gaza departs from the port of Gammarth in Tunisia.
Channel 12: Airspace closed at Ramon Airport due to fears of drone infiltration
IOF Spokesperson: Sirens sounded over an aircraft infiltration in the Bir Ora area, and details are being examined
Drone infiltration sirens sound north of the Gulf of Aqaba
Al Mayadeen's correspondent in Gaza: The Israeli occupation carried out five extremely violent raids on the western areas of Gaza City

US retailers raise alarms over surge in thefts amid ongoing inflation

  • By Al Mayadeen English
  • Source: News websites
  • 3 Sep 2023 16:28
  • 1 Shares
3 Min Read

US retailers, including Walmart, Target, CVS, and more, are grappling with rising thefts and "flash rob" attacks as a cost-of-living crisis intensifies.Un

  • x
  • US retailers raise alarms over surge in thefts amid ongoing inflation.
    Cashiers process purchases at a Walmart supercenter in North Bergen, New Jersey, United States, on February 9, 2023. (AP)

In the mid of an escalating cost-of-living crisis sweeping the United States, major retailers such as Walmart, Target, CVS, Walgreens, Home Depot, and Foot Locker have sounded the alarm over a surge in thefts and violent incidents plaguing their stores.

Reports emerging on Sunday highlighted the growing concern among retailers, who not only complain of a rise in petty theft but also confront organized mass theft incidents referred to as "flash rob" attacks.

"Organized retail crime, and theft in general, is an increasingly serious issue impacting many retailers," remarked Lauren Hobart, Chief Executive at Dick’s Sporting Goods during a conference call.

The National Retail Federation’s 2022 retail security survey disclosed that US retailers suffered estimated losses of a staggering $94.5 billion due to "shrink" in 2021 alone. Shrink refers to inventory loss resulting from staff theft, shoplifting, or administrative errors.

The survey also uncovered a significant increase in organized retail crime across the country in 2021.

In response to the mounting organized retail crime, stores have taken measures like installing transparent walls with locks on shelves, padlocking refrigerators, and placing call buttons in aisles to promptly summon staff for customer assistance. To deter theft, many have also opted for sparsely stocked, unprotected shelves.

Related News

China exceeds Q1 GDP expectations amid growth

Target shuts nine stores after billions in loss due from retail crimes

However, retailers say that these security measures are not always effective, prompting some to consider the drastic measure of closing shop.

A spokesperson for Giant, a US regional supermarket chain operating in Pennsylvania, Maryland, Virginia, and West Virginia, and offering online shopping and delivery to New Jersey, revealed that the company is contemplating the closure of a Washington supermarket due to escalating theft and violence.

Walgreens, affected by losses, closed five San Francisco stores in 2021, and Walmart shuttered four outlets in Chicago this year. "Shrink has increased a bit this year. It increased last year. It’s uneven across the country," commented Walmart's Chief Financial Officer, John Rainey, in mid-August.

Simultaneously, online users are reporting a surge in "flash rob" incidents, where groups rush into stores, commit rapid robberies by seizing readily available items, and make a quick getaway.

In a high-profile "flash rob" attack, approximately 30 masked individuals targeted the US luxury department store Nordstrom in Los Angeles on August 12, making off with more than $300,000 worth of luxury goods, according to police reports.

Amid this ongoing turmoil, the enduring inflation crisis, exacerbated by the COVID-19 pandemic, continues to tighten its grip on American youth and other lower-income segments of society. These individuals find themselves constantly struggling to meet basic needs, trapped in a dire economic quagmire.

Tough working conditions with low wages, set against the backdrop of rising unemployment and a widening wealth gap, have become focal points of discontent and frustration in the United States.

Read more: Tesco locks chilled meats fridge to prevent shoplifting during crisis

  • Retail sector
  • United States
  • Walmart
  • US inflation
  • shoplifters

Most Read

The damaged building in the Katara neighborhood, Doha, Qatar, September 9, 2025 (Social media)

Hamas delegation survives Israeli assassination attempt in Qatar

  • Politics
  • 9 Sep 2025
Pro-"Israel" conservative Charlie Kirk shot during Utah speech

American far-right activist Charlie Kirk shot dead during Utah speech

  • US & Canada
  • 11 Sep 2025
Uprising against Volker Turk at the Human Rights Council over Gaza.

Uprising against Volker Turk at the Human Rights Council over Gaza

  • Politics
  • 12 Sep 2025
A screengrab from the ad played on Fox News. (X Screengrab)

Fox airs ad warning Trump not to let Netanyahu 'play' him on Gaza

  • US & Canada
  • 11 Sep 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
President Nicolas Maduro gestures to supporters during the inauguration of a monument in China's honor on the 80th anniversary of the end of World War II, in Caracas, Venezuela, Wednesday, September 3, 2025 (AP)
Politics

Maduro warns of threats, urges 'battle for truth' to defend Venezuela

Damage is seen after an Israeli strike targeted a compound that hosted Hamas' political leadership in Doha, Qatar, Wednesday, Sept. 10, 2025. (AP Photo/Jon Gambrell)
Politics

Netanyahu informed Trump before deadly attack in Doha: Reports

Israeli Prime Minister Benjamin Netanyahu and US Secretary of State Marco Rubio hold a joint press conference at the Prime Minister's Office, during Rubio's visit, in occupied al-Quds, occupied Palestine, Monday, September 15, 2025 (AP)
Politics

Netanyahu warns of Israeli isolation, calls to boost self-reliance

Spain axes €700Mln arms deals with 'Israel' over Gaza genocide
Politics

Spain axes €700 mln arms deals with 'Israel' over Gaza genocide

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS