ICYMI: LP Industry News of the Week Dec. 20 – 26

LPM news in review

We know that your week can get busy, and the time you have to catch up on the news from around the retail loss prevention industry is often stolen away by other things. That’s why the LPM team sifts through headlines from all over the country to bring only the most relevant LP news to you here, in our special weekly news round-up—the perfect bookend to a productive week.

Here’s What You May Have Missed

Congress Passes the Uyghur Forced Labor Prevention Act
The US Senate unanimously passed the Uyghur Forced Labor Prevention Act, a bill barring imports from China’s Xinjiang region unless businesses can prove they were produced without forced labor.

Prosecutors Bust $2 Million Retail Theft Ring in San Francisco
San Francisco District Attorney Chesa Boudin announced that a two-and-a-half-year investigation into retail theft resulted in the recovery of more than $2 million in stolen merchandise and arrest warrants for several people.

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Sen. Grassley Demands Briefing from DHS and DOJ on Retail Crime Strategy
Republican Sen. Chuck Grassley is demanding the Department of Justice (DOJ) and Department of Homeland Security (DHS) explain its strategy to address the spike in smash-and-grab attacks on businesses across the nation.

NPR Examines the Impact of Smash-and-Grab at a Family Store
When a family store inside of a shopping mall was robbed via smash-and-grab, they lost $250,000 worth of jewelry—a debilitating sum for the owners. This is just one example of the recent spike in retail crime.

California Governor Promises More than $300 Million to Combat Retail Theft
California Governor Gavin Newsom announced a proposal to allocate upwards of $300 million over the next three years to curtail organized retail theft and violent crimes across the state, including $255 million in grants for law enforcement.

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