"Unprecedented Retail Theft Crisis: 10 US Cities Hit the Hardest"

A new report by the National Retail Federation (NRF) reveals that retail theft, particularly organized retail crime, has been on the rise in the US, resulting in significant inventory losses for retailers. The cities most impacted by retail theft in 2022 were Los Angeles, Oakland/San Francisco, Houston, New York City, and Seattle. The NRF emphasizes that retail crime affects businesses of all sizes and locations across the country and advocates for comprehensive research and collaborative solutions to combat theft. Congress has also passed the INFORM ACT to address the sale of counterfeit goods and dangerous products online.