When I was growing up, shoplifting was something that was pretty rare.  Once in a while some irresponsible idiot would slip a candy bar into his pocket, but it wasn't something that retailers were too stressed out about.  But now everything has changed.  Retail "shrink" broke the 100 billion dollar barrier in 2022, and the final number for 2023 is expected to be even higher.  Stuff is being stolen from our major retailers on an industrial scale, and this is having very serious consequences.

From coast to coast, retail locations are being permanently shut down because there is no end in sight to this madness.

This is particularly true in our largest urban areas.  In San Francisco, a Macy's store that had been open for 77 years is being closed down, and employees are telling the press that shoplifting was the primary factor behind the decision…

Employees at Macy's flagship San Francisco store in Union Square have blamed its planned closure on shoplifting – despite mayor London Breed claiming crime was not a factor.

The Union Square store announced earlier this week it will be closing its doors after 77 years as part of a plan to close 150 locations across the nation over the next three years.

It isn’t just a few things that are going missing at that Macy’s store.

According to one employee, the men’s department is being systematically looted on a daily basis…

“It happens every day,” employee Steve Dalisay said.

Hanging up blazers in the Macy’s sixth-floor men’s department, Dalisay said blazers, wallets and boxer briefs are the items most frequently stolen from his department. He said thieves take at least four blazers every day, adding that he typically sees about 10 wallets and 20 briefs stolen daily.