Retailers Blame Theft for Closures, But Data Tells a More Nuanced Story

Retailers claim theft is surging, but analysts say data doesn't fully support this. Retailers may be exaggerating to distract from other issues like weak demand.

Overall retail shrinkage rates have remained steady for years despite claims of surging theft. Theft's impact seems overstated.

Retailers are pushing for harsher penalties and crackdowns, but some closures blamed on theft had lower crime rates.

Retail strategies like self-checkout and low staffing have unintentionally increased shrinkage rates.

It's unclear if lowering felony theft thresholds deters crime, but states are changing laws to enable harsher penalties.