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CEOs of Target, Best Buy, CVS and other retail chains ask Congress for help amid crime surge

CEOs of Target, Best Buy, CVS and other retail chains ask Congress for help amid crime surge
GULSTAN: NOW TO THE CONCERNING RISE IN LARGE SCALE SMASH DAN GRAB ROBBERIES. WE’VE SEEN SEVERAL ORGANIZED THEFTS OVER THE PAST WEEK IN LOS ANGELES AND THE BAY AREA. CRIMINALS BREAK WINDOWS, DOORS AND JEWELRY CASES, THEN GRAB HIGH VALUE ITE AMSND RUN OFF. AGENCIES IN OUR AR AEA STEPPING UP PATROLS TO PREVENT MORE THEFTS. THE CHP WILL HAVE MORE OFFICERS ON FREEWAYS NEAR LARGE SHOPPING CENTERS. AND ROSEVILLE POLICE ANNOUNCED IT WILL HAVE MORE UNDERCEROV OFFICERS AT SHOPPING AREAS. NOW THE SAN JOAQUIN DISTRICT ATTORNEY IS JOINING SIX BAY AREA COUNTIES, CRACKING DOWN ON RETAIL THEFT. KCRA THREE’S KAY RECEDE JOINS US LIVE WITH DETAILS, KAY >> NOT ONLY HAS THE D.A. PLEEDDG TO GO AFTER THE RING OF THIEVES THAT TARGET RETAILERS, SHE NOW HAS A WARNING FOR CONSUMERS, IN SO MANY CASES THE SMALLER THE ITEM THE BIGGER THE PRICE TAG THE MORE LIKELY THIEVES MAY STEAL, TO RESELL LEADING TO FRUSTRATION, AND SHOCK AMONG BUSINESS OWNERS DAN CONSUMS >> THEY TAKE THE CLOTHES FROM THE FRONT AND THEY JUST RUN OUT, AND THEN YOU CAN’T REALLY DO ANYT, BEHINGCAUSE AT FSTIR YOU’RE LIKE, ’OH WHAT ARE THEY DOING?’> >> NOW, A COALITION OF DISTRICT ATTORNEYS HAS JOINED TOGETHER TO CRACK DOWN ON ORGANIZED RETAIL TFTHE TORI VERBER-SALAZAR SAYS THE ALLIANCE IS STRATEGIC, BECAUSE MOST TIMES, ORGANIZED REILTA THIEVES, STEAL FROM DIFFERENT, NEARBY COUNTIE >> A CREW WOULD GO TO THE TRACY, FOR EXAMPLE, THEN GO TO LIVERMORE AND SAN JOSE THAT’S THREE DIFFERENT JURISDICTIONS. >> THE DISTRICT ATTORNEY SAYS, PROSECUTING ONE CASE MAY NOT BE ENOUGH OF A DETERANT, SINCE ANY THEFT LESS THAN $950 IS A MISDEMEANO BUT BY WORKING WITH OTHER COUNTIES AND ADDING CHARS.GE >> COMBINED, BRINGING ALL THE RESOURCES TOGETHER, WE WERE ABLE TO CREATE A STRONGER CASE. THIEVES MAY FACE FEDERAL THEFT CHARGES, AND IF CONVICTED, HARSHER CONSEQUENCES >> FOR THAT ONE MOMENT OF GRATIFICATION WHERE YOU THINK, ' ’OK, I’M GOING TO EITHER STEAL THIS ITEM FOR MYSELF OR I’M GOING TO STEAL IT AND SELL IT ONLINE AND GET CAS HH,AS A LIFETIME CONSEQUENCE. >>HE T DA’S HAVE PROMISED TO PROSECUTE ANYONE AND EVERYONE, INVOLVED IN THESE CRIMES. >> WE’RE GOING TO GO AFTER THOSE WH O FENCE IT, WHO WAREHOUSE IT, WHO ACT AS THE MIDDLE PERSON IF YOU WILL, AND THOSE ONLINE PURCHASING. HOWEVER, PUNISHING CONSUMERS WHO MAY UNKNINOWGLY PURCHASE THESE IT EMS, HAS SOME SHOPPERS CONCERNED >> I DON’T KNOW IF I 100% AGREE WITH THAT, BECAUSE INNOCENT PEOPLE ARE OUT HERE, THEY DON’T KNOW THAT THESE GOODS ARE STOL. >> COMING UP AT 6:00, HOW THIS COALITION MAY IMPACT WORKERS WITHIN THE D-AS OFFICE GULSTAAGENCIES ARE RESPONDING. INVESTIGATING AND ARRESTI
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CEOs of Target, Best Buy, CVS and other retail chains ask Congress for help amid crime surge
The CEOs of Target, Best Buy, Nordstrom, Home Depot and CVS are among a group of 20 retail leaders who sent a letter Thursday to Congress expressing their concern over a recent wave of brazen store robberies in major U.S. cities and urged lawmakers to take action.The group called on Congress to pass legislation that would deter criminals from being able to easily resell stolen merchandise, specifically online."As millions of Americans have undoubtedly seen on the news in recent weeks and months, retail establishments of all kinds have seen a significant uptick in organized crime in communities across the nation," the letter said.Criminals are "capitalizing on the anonymity of the Internet and the failure of certain marketplaces to verify their sellers," the retailers said. As a result, retailers are a target for increasing theft."In the current environment, criminal networks and unscrupulous businesses have exploited a system that protects their anonymity to sell unsafe, stolen or counterfeit products with little legal recourse," the letter added, which was also signed by the CEOs of Dollar General, Levi Strauss, Kroger Co. and Footlocker.The group urged Congress to pass a bill that would make it easier for consumers to identify exactly who they are buying from, and harder for criminals to hide behind fake identities as they try to sell stolen merchandise online.San Francisco, Los Angeles and Chicago are among the cities that have seen a spate of recent smash-and-grab mob attacks targeting some upscale stores such as Nordstrom and Louis Vuitton.Several Best Buy outlets in Minnesota were also looted on Black Friday.Best Buy CEO Corie Barry said theft is a growing problem and the company is implementing added security measures to safeguard employees and shoppers."This is traumatizing for our associates and is unacceptable," Barry said in a recent call with analysts. "We are doing everything we can to try to create as safe as possible environment."The retail industry is struggling to handle the escalation in organized theft. A 2020 survey of 61 retailers by the National Retail Federation, the industry's largest trade group, showed organized retail theft jumped nearly 60% from 2015 and cost stores an average of $719,548 per $1 billion in sales.Industry experts say store theft is now an acute problem and getting worse."The gangs are much more dangerous for retailers and for customers shopping in stores," said Neil Saunders, retail analyst and managing director at GlobalData Retail. "The problem is that while store security and associates can take individual shoplifters to task, they are not able to do much against gangs as they are outnumbered."

The CEOs of Target, Best Buy, Nordstrom, Home Depot and CVS are among a group of 20 retail leaders who sent a letter Thursday to Congress expressing their concern over a recent wave of brazen store robberies in major U.S. cities and urged lawmakers to take action.

The group called on Congress to pass legislation that would deter criminals from being able to easily resell stolen merchandise, specifically online.

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"As millions of Americans have undoubtedly seen on the news in recent weeks and months, retail establishments of all kinds have seen a significant uptick in organized crime in communities across the nation," the letter said.

Criminals are "capitalizing on the anonymity of the Internet and the failure of certain marketplaces to verify their sellers," the retailers said. As a result, retailers are a target for increasing theft.

"In the current environment, criminal networks and unscrupulous businesses have exploited a system that protects their anonymity to sell unsafe, stolen or counterfeit products with little legal recourse," the letter added, which was also signed by the CEOs of Dollar General, Levi Strauss, Kroger Co. and Footlocker.

The group urged Congress to pass a bill that would make it easier for consumers to identify exactly who they are buying from, and harder for criminals to hide behind fake identities as they try to sell stolen merchandise online.

San Francisco, Los Angeles and Chicago are among the cities that have seen a spate of recent smash-and-grab mob attacks targeting some upscale stores such as Nordstrom and Louis Vuitton.

Several Best Buy outlets in Minnesota were also looted on Black Friday.

Best Buy CEO Corie Barry said theft is a growing problem and the company is implementing added security measures to safeguard employees and shoppers.

"This is traumatizing for our associates and is unacceptable," Barry said in a recent call with analysts. "We are doing everything we can to try to create [an] as safe as possible environment."

The retail industry is struggling to handle the escalation in organized theft. A 2020 survey of 61 retailers by the National Retail Federation, the industry's largest trade group, showed organized retail theft jumped nearly 60% from 2015 and cost stores an average of $719,548 per $1 billion in sales.

Industry experts say store theft is now an acute problem and getting worse.

"The gangs are much more dangerous for retailers and for customers shopping in stores," said Neil Saunders, retail analyst and managing director at GlobalData Retail. "The problem is that while store security and associates can take individual shoplifters to task, they are not able to do much against gangs as they are outnumbered."