Shoplifting reaches crisis proportions
Shoplifting has gotten so bad nationally that chains like Rite Aid are closing hard-hit stores, sending terrified employees home in Ubers and locking up aisles of seemingly mundane items like deodorant and toothpaste.
Why it matters: Retailers are already reeling from the pandemic, supply chain woes and the labor shortage. Now they're combating systematic looting by organized crime gangs — which are growing more aggressive and violent.
"It's out of control — it is just out of control," Lisa LaBruno, SVP of operations and innovation at the Retail Industry Leaders Association, tells Axios.