Shoplifting is a fact of life for retailers. But a surge in violent and organized retail crime is triggering huge losses for Target (TGT), Kohl’s (KSS), Nordstrom (JWN), Walmart (WMT) and other stores. And the problem is getting worse.
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“Shrink was a big headwind for a lot of the retailers in the second quarter, causing many of them to experience greater gross margin pressure than…
