Retail

Congress must address organized retail crime at Big Tech hearing

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Young man use credit card for shopping payment online on laptop computer application or website.

Blue Planet Studio

As the nation navigates the new normal, retailers continue to safely serve our communities across the country. But retailers are confronting an economy that has undergone major shifts during the course of the pandemic, as consumers continue to buy items online in record numbers. This dramatic spike in online shopping makes brick-and-mortar stores even more vulnerable to a problem that has been growing for over a decade: organized retail crime.

Organized retail crime refers to criminal networks that steal merchandise in mass quantities from storefronts and sell those goods…



Source cnbc.com

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