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Shoplifting (also known as shop theft, shop fraud, retail theft, or retail fraud) is the theft of goods from a retail establishment during business hours. The terms shoplifting and shoplifter are not usually defined in law, and generally fall under larceny .
Gibson's Bakery is a fifth-generation family business established in Oberlin, Ohio, in 1885. [5] [6] Half of the city's 8,000 residents are students or employees—3,000 and 1,000 respectively—of Oberlin College. [7]
Theft also reached an all-time high with more than 20 million incidents – or over 55,000 a day – costing retailers £2.2bn, up from £1.8bn the previous year.
Target claimed in September 2023 that theft and organized retail crime helped drive its $500 million decrease in annual profits. Some store branches of major chains were closed. [9] Theft had risen to $70 billion in 2020, according to the Retail Industry Leaders Association (RILA). A pattern emerged of crime rings consisting of two parts ...
The Thai zig zag scam is a confidence trick where one is falsely accused of shoplifting, and then held by police, or those claiming to be police, until "bail" is paid for the alleged theft. At times those fleeced are shown faked closed-circuit television footage as corroboration.
[9] [10] Although the purses and jackets of the missing women had been left at the shop, the theft theory initially seemed most likely and the scene was cleaned by employees early Saturday morning. [1] Buddy Ellwanger, a Speedway police officer who was eventually assigned to the case, admitted "we screwed it up from the beginning".
Shopkeeper's privilege is a law recognized in the United States under which a shopkeeper is allowed to detain a suspected shoplifter on store property for a reasonable period of time, so long as the shopkeeper has cause to believe that the person detained in fact committed, or attempted to commit, theft of store property.
Gas theft cost the industry $109 million in 2008 and $134 million in 2007. The average loss per store in 2009 was $761, and that figure is conservative, since it only includes reported thefts and is based on all convenience stores that sell gasoline, including those in states that mandate full-serve ( New Jersey and Oregon ) and stores in areas ...