retail theft Archives - California Globe

Retail Theft a $94.5 Billion Crime Problem at American Stores

December 27, 2022 7:50 amDecember 27, 2022 7:59 am

A massive rise in retail theft is contributing to “shrinkage” at brick-and-mortar retailers, contributing to the growth of online sales. “The National Retail Federation estimates that shrink—an industry term for loss in inventory—amounted to roughly 1.4% of retail revenue in...

Tulare County DA Warns of Fallout with Reduced Sentences for Gang Crimes

June 1, 2022 3:17 pmJune 1, 2022 4:45 pm

In October 2021, the Legislature passed and Gov. Gavin Newsom signed into law Assembly Bill 333 by Sen. Sydney Kamlager (D-Los Angeles), to reduce allowable gang crimes enhancements, described by law enforcement as “a windfall for the violent, criminal street...

California Businesses Launch Campaign Against Retail Theft and Property Crimes

May 20, 2022 8:47 am

The escalation of organized “smash-and-grab” robberies in cities around the country has been costly. CNN reported in January that retailers across America say shoplifting is now 2% to 3% of their total sales, forcing the retailers to install new security...

Gov. Newsom Vows Funding To Stop Recent High-End SF Robberies

November 23, 2021 2:25 amApril 3, 2022 8:26 am

During a speech at a San Francisco vaccine clinic on Monday, California Governor Gavin Newsom denounced the high-profile high-end retail robberies that occurred in the Bay Area this weekend, vowing to increase state budgetary support to fight retail theft rings....

Governor Newsom Signs Bill to Extends CHP Retail Crime Task Forces Through 2026

July 22, 2021 3:02 pm

A new bill that extends the sunset date of the California Highway Patrol (CHP) run Organized Retail Crime Task Forces (ORCTF) that help crack down on regional retail crimes in the state was signed into law by Governor Newsom on...