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13 arrested, $150k merchandise recovered in organized retail theft ring bust in San JoseThe Santa Clara County Sheriff’s Office announced the arrests of 13 people in connection to organized retail theft involving Home Depot, Target, Kohl’s, Lowe’s, Macy's, and Sunglass Hut.
On Monday, Suffolk police were tipped off that a serial larceny suspect had been involved in the theft of thousands of dollars worth of merchandise from Lowe's by ringing the more expensive items ...
Incidents of retail theft appear to be rising, but some companies are managing to avoid the trend. Although Lowe's has reported an increase in inventory shrink, it's not expected to hurt profits.
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