Shoplifting Deterrents Push Consumers Online

As big-box retailers continue to put merchandise under lock and key to deter theft, frustrated shoppers are moving online. Drugstores and discount retailers have made a recent push to lock up merchandise as high rates of retail theft have cut into their bottom line, Axios reported. But these increased security measures have caused sales to drop significantly, to the tune of 15% to 25%, according to Joe Budano, CEO of anti-theft technology company Indyme. Bloomberg reported that the anti-theft measures have had the opposite intended affect, and have driven customers...