The Revenue Rises
  • Politics
  • Stocks
  • Business
  • Economy
Trending Now
Hedge Market Volatility with These Dividend Aristocrats &...
S&P 500 Bullish Patterns: Are Higher Highs Ahead?
S&P 500 on the Verge of 6,000: What’s...
Clusters of Long Winning Streaks: What They’re Telling...
Three Charts Showing Proper Moving Average Alignment
This California startup is cleaning water and removing...
Shein and Temu see U.S. demand plunge as...
Breakouts, Momentum & Moving Averages: 10 Must-See Stock...
Hedge Market Volatility with These Dividend Aristocrats &...
S&P 500 Bullish Patterns: Are Higher Highs Ahead?

The Revenue Rises

  • Politics
  • Stocks
  • Business
  • Economy
Business

Nationwide coordinated retail crime crackdown results in hundreds of arrests, authorities say

by admin June 5, 2025
June 5, 2025
Nationwide coordinated retail crime crackdown results in hundreds of arrests, authorities say

A nationwide coordinated crackdown on retail crime — what authorities are calling the first of its kind — led to hundreds of arrests in 28 states last week.

The blitz, led by Illinois’ Cook County regional organized crime task force, involved more than 100 jurisdictions and over 30 retailers including Home Depot, Macy’s, Target, Ulta Beauty, Walgreens, Kroger and Meijer.

“When you give specific focus to a crime, it reverberates,” Cook County Sheriff Tom Dart told CNBC. “When they see it is being prosecuted and taken seriously, it deters conduct. They don’t want to get caught.”

Organized retail crime — a type of shoplifting where groups of thieves work together in targeted operations to turn stolen goods into cash — has grown in scale and scope in recent years. CNBC previously reported on the extensive law enforcement efforts to take down retail crime organizations.

While aggregate numbers for retail theft are difficult to quantify, retailers reported 93% more shoplifting incidents on average in 2023 compared with 2019, according to a survey conducted by the National Retail Federation. Those surveyed also reported a 90% increase in the associated dollar losses over that same time period.

Some critics point to a lack of enforcement and felony thresholds for allowing criminals to continue committing theft. It’s something Cook County State’s Attorney Eileen O’Neill Burke has been focused on since taking office in December.

On her first day in office, O’Neill Burke said prosecutors would pursue felony retail theft charges in accordance with state law, when the value of the goods exceeds $300 or when the suspect already has a felony shoplifting conviction.

Before her taking office, retail theft felonies were charged only if the value of the stolen goods was $1,000 or more or if the suspect had 10 or more prior convictions.

Since Dec. 1, the Cook County State’s Attorney’s Office has filed charges in 1,450 felony retail theft cases, the office said.

The goals of the coordinated operation, O’Neill Burke told CNBC, is “to have one day where we focus and concentrate on [retail theft] and we share intelligence about it — about what we learned about the network, so that gives us more tools on how to take this network down.”

It was the coordination between law enforcement and prosecuting attorneys that got a number of the involved retailers to participate in the blitz.

“Collaboration is key to making a meaningful impact,” Ulta Beauty Senior Vice President of Loss Prevention Dan Petrousek told CNBC. “That’s why we were proud to participate in the National ORC Blitz alongside dedicated law enforcement and prosecutorial partners.”

Ulta Beauty had teams participating across nine states in last week’s operation, providing law enforcement with information on incidents of retail crime.

“Organized retail crime remains one of the most significant challenges in our industry,” said Marty Maloney, Walgreens director of media relations. “In this most recent operation we worked closely with law enforcement partners across nearly 20 cities and at over 40 locations to help curb this trend.”

A representative for Home Depot told CNBC that while overall theft is down, investigated incidents of organized retail crime are still up double digits year over year.

Now that the operation has concluded, the group is pulling together each jurisdictions’ observations and sharing data to continue to help crack down on retail theft.

Other participating retailers reached for comment by CNBC, including Macy’s, T.J. Maxx and Target, said they’re committed to partnering with law enforcement and pushing for stronger laws to combat retail crime.

California Highway Patrol arrests retail crime suspect in Long Beach, CA.Courtesy: California Highway Patrol.

This post appeared first on NBC NEWS

previous post
Nuclear Power Trio: OKLO, SMR, and CCJ in Focus
next post
S&P 500 on the Verge of 6,000: What’s at Stake?

Related Posts

CrowdStrike losses may be biggest test yet of...

July 26, 2024

Home prices hit record high in June on...

August 30, 2024

Walmart-owned Sam’s Club tests a future without checkout...

October 10, 2024

Klarna lands buy now, pay later deal with...

March 21, 2025

Boeing sweetens offer to union as strike enters...

September 25, 2024

Super Bowl ads beckon up to $8 million...

January 31, 2025

Trump Media stock drops 5% after quarterly loss...

August 14, 2024

Dollar Tree says it’s winning over higher-income shoppers...

March 28, 2025

Albertsons sues Kroger after judge rules against grocery...

December 12, 2024

Where are low-cost airlines cutting back now? New...

September 3, 2024

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Hedge Market Volatility with These Dividend Aristocrats & Sector Leaders
    • S&P 500 Bullish Patterns: Are Higher Highs Ahead?
    • S&P 500 on the Verge of 6,000: What’s at Stake?
    • Clusters of Long Winning Streaks: What They’re Telling Us
    • Three Charts Showing Proper Moving Average Alignment

    Popular Posts

    • 1

      Polls show some good early signs for Kamala Harris

      July 26, 2024
    • 2

      Solana and Cardano: Solana is waiting for a new impulse

      July 18, 2024
    • 3

      The presidential race shifts — modestly, so far — toward Harris

      August 6, 2024
    • 4

      Donald Trump’s imaginary and frightening world

      September 23, 2024
    • 5

      DP Trading Room: PMO Sort on Earnings Darlings

      July 18, 2024

    Categories

    • Business (677)
    • Economy (975)
    • Politics (873)
    • Stocks (770)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: therevenuerises.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 The Revenue Rises. All Rights Reserved.