Crime & Safety
LA Is No.1 In U.S. For Organized Retail Theft: Report
For the 5th straight year, LA has been named the no. 1 city in the nation when it comes to organized retail theft, according to a new study.
LOS ANGELES -- For the fifth straight year, LA has been named the number one city in the nation when it comes to organized retail theft, according to a new annual report by the National Retail Federation.
The NRF surveyed 177 brands and found that the average rate of lost (stolen/missing) inventory climbed from 1.4% in 2021 to 1.6% in the U.S. last year. The percentage amounts to $18.2 billion in losses.
The National Retail Federation’s National Retail Security Survey, now in its 32nd year, surveys loss prevention and asset protection professionals throughout the retail industry to capture data about risks, threats and vulnerabilities from the previous fiscal year, as well their future priorities.
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The top five cities in the study were:
- Los Angeles
- San Francisco/Oakland
- Houston
- New York City
- Seattle
The full 24-page report can be read at https://cdn.nrf.com/sites/defa....
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