Target has a shoplifting problem so bad, they’re now instructing their staff to prevent thefts of $50 or more… which might be tough to implement in NYC where stealing more than that is a non jail able offense. Either way theft is so bad and law enforcement so lax, that retailers have to try something to get ahead of these thieves.
It appears that shoplifting has become a significant issue in New York City. According to recent statistics, there has been a 63% increase in reported shoplifting incidents from 2019 to 2023, totaling over 28,000 cases in the latter year. However, it’s essential to note that this impact has disproportionately affected large chain stores rather than smaller local businesses.
Additionally, a new report reveals that the only Costco in Manhattan is now being targeted by thieves. Interestingly, this Costco is located next to a Target store that closed a few months ago due to theft concerns. The situation highlights the severity of the problem and its impact on retailers in the area.
Target itself has been grappling with shoplifting issues, to the point where they’ve instructed staff to prevent thefts of $50 or more. Implementing such measures in a bustling city like NYC can be challenging, given the scale of the problem.