MikeTrendsTrends right now

✉news BusinessRetail first seen 2 h ago, last 19 min ago, peak #19

Growing retail theft scam hits Walmart, Target and CVS

Original: Growing retail theft scam hits Walmart, Target, and CVS

A retail theft scam that has been growing in recent months is now affecting major US chains including Walmart, Target and CVS, according to a report from TheStreet. The scheme is described as an organized method of stealing merchandise that evades standard loss-prevention measures, adding to concerns retailers already have over rising shrinkage and its impact on prices and store operations.

Why now: Concerns about organized retail crime and shrinkage at major US retailers continue to draw attention.

WalmartTargetCVSTheStreet

Open on news →

Rank over time, top of the chart is #1. 3 snapshots from 2 h ago to 19 min ago.

Evidence

API: https://socialmediatrends-api.osmike.com/v1/trends/2824