Organized Retail Theft Breaks The Scales At Nearly $50 Billion Per Year And Growing Exponentially

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Many states have changed their laws to be more lenient on shoplifters in recent years, and this appears to be helping to fuel an enormous boom in organized retail theft…
The National Retail Federation reports in its most recent survey of retailers that more lenient penalties and prosecution policies are fueling a rise in such crimes.
“Many states have increased the threshold of what constitutes a felony, which has had the unintended consequence of allowing criminals to steal more without being afraid of stronger penalties related to felony charges,” the trade association reported. “Nearly two-thirds of retailers report that they’ve seen an increase in the average ORC case value in these states.”
Retail theft is now said to be responsible for $45 billion in annual losses in the U.S., according to one trade association.
That is an incredibly high number.
When you divide that figure by 365 days, you get an average of more than 123 million dollars per day.