The Impact of Internet and Social Media on Organized Retail Theft: Insights from a Former Target Exec

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Source: Fox Business
The Impact of Internet and Social Media on Organized Retail Theft: Insights from a Former Target Exec
Photo: Fox Business
TL;DR Summary

Former Target executive Gerald Storch expressed concern over the increasing trend of organized retail theft, as Target announced the closure of several stores in liberal cities due to public safety concerns. Storch attributed the rise in theft to the use of social media and the internet, which facilitate the organization and quick monetization of stolen goods. He emphasized the sophistication of these criminal operations, involving multiple layers of distribution. Storch called for national efforts to dismantle organized crime rings and highlighted the importance of effective police work in combating this issue.

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