Ben Dugan Works for CVS. His Job Is Battling a $45B Crime Spree

Regarding the number in the title, this is an industry (retail) -wide estimate, not specific to CVS.

The Coalition of Law Enforcement and Retail, a trade association, which Mr. Dugan heads, estimates that organized retail theft accounts for around $45 billion in annual losses for retailers these days, up from $30 billion a decade ago. At CVS, reported thefts have ballooned 30% since the pandemic began.

> It is a menace that has been supercharged by the pandemic and the rapid growth of online commerce that has accompanied it.

Didn’t fencing goods become easy enough when eBay started out 20+ years ago?

If supply became too great, prices would fall and attract more users.

With or without amazon, I think the growth would be the same.

Interesting. Why posted here? Its gone up only 50% in the last decade and it's nationwide and not just cvs

Progressives have effectively legalized shoplifting, and this is the result.

> who all said they worked for “Mr. Bob,” a man named Robert W[…]

This is… not a good pseudonym.