Target is one of the many retail names facing increasing theft.
Walmart recently said they are considering raising prices and shutting stores due to theft.
What's the solution to this quickly developing crisis?
Follow us @KobeissiLetter for real time analysis as this develops.
— The Kobeissi Letter (@KobeissiLetter) October 4, 2023
Now supermarket slaps security tags on toilet roll as shoplifting crisis intensifies
Supermarkets are putting security tags on toilet roll a Britain’s shoplifting epidemic continues to spiral out of control.
Tags were seen on toilet rolls in a Tesco Express store in Bromley and Beckenham, south London, where the shoplifting rate is one of the highest in the country.
The tags are placed on the plastic wrapping of Andrex rolls, which cost £3.75 for four.
A customer who bought the rolls said: ‘We only realised the tags were on there when we left the store and the alarms went off, which was quite embarrassing.