Market Outlook
Shoplifting Concerns Rise Alongside Inflation, Covid. Wall Street Should Worry
Wall Street is desperately trying to figure out where consumer demand is going. Alongside sentiment and sales, there’s another indicator worth watching: shoplifting.
This metric is rarely talked about. It’s uncomfortable for retail executives to acknowledge that their customers or, worse still, their employees are stealing from them. But theft has long been a bugbear for retailers, and it’s now been thrust into the spotlight by a spate of increasingly violent robberies across the U.S.
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