Stores lost an estimated $86.6 billion to retail theft in 2022, and projections indicate that retail theft may cost stores over $115 billion by 2025.
New York State Assemblyman Michael Fitzpatrick discusses his fight against retail theft on 'Cavuto: Coast to Coast.'Stores across the country lost billions in retail theft last year, according to research by Capitol One Shopping Research.
Businesses are forced to hide products behind registers or lock them up behind glass to protect their inventory. "It has to do with some cases being locked up. And even to the point where we have some stores that can’t keep a certain SKU on the shelf just discontinuing the item."
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