New York City cracks down on retail theft
News
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May 2023
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Inside Retail
What: Shrinkage is a nationwide issue in the US
Why it is important: Soon in your city?
New York City is implementing a comprehensive plan to combat a 44% increase in retail theft over the past five years. The strategy involves understanding the causes behind each theft and directing individuals towards appropriate services or the criminal justice system. The city is focusing on both preventing loss and improving the quality of life for store associates, customers, and communities.
The NYPD is particularly targeting repeat offenders, who accounted for a significant portion of retail theft arrests in 2022.
