Get Our Email Newsletter

Are Crime Bosses Paying Shoplifters to Steal?

There’s mounting evidence that organized retail theft rings are targeting the homeless and drug addicts to do their stealing. They know the threshold to prosecute has become so high, little or nothing will happen to them if they get caught. The thieves who walk into stores like Home Depot and take merchandise are brazen, almost knowing they can get away with it.

Officials at the big box home improvement store say the shoplifters will wheel out full carts of merchandise. In one incident captured on surveillance camera footage, an alleged shoplifter lost boxes of tools while trying to leave the store but was confronted by store workers. The man ditched the cart he was pushing and grabbed a box instead.

Law enforcement officials said thieves often run to a waiting car the speeds away from the scene once they and their stolen merchandise are safely inside the getaway vehicle. Company officials at Home Depot won’t disclose how much it loses to shoplifters. Richard McPhail, its chief financial officer, said recently that theft is “the most significant impact” to the retailer’s profit margins. “It affects us a lot,” said Elena del Valle, Organized Retail Crime Manager for Home Depot’s Western Division… ABC30 News

Loss Prevention Magazine updates delivered to your inbox

Get the free daily newsletter read by thousands of loss prevention professionals, security, and retail management from the store level to the c-suite.

What's New

Digital Partners

Become a Digital Partner

Violence in the Workplace

Download this 34-page special report from Loss Prevention Magazine about types and frequency of violent incidents, impacts on employees and customers, effectiveness of tools and training, and much more.

Webinars

View All | Sponsor a Webinar

Whitepapers

View All | Submit a Whitepaper

LP Solutions

View All | Submit Your Content

Loss Prevention Media Logo

Stay up-to-date with our free email newsletter

The trusted newsletter for loss prevention professionals, security and retail management. Get the latest news, best practices, technology updates, management tips, career opportunities and more.

No, thank you.

View our privacy policy.