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Explainer: The Myths and Realities of Retail Crime

The impact of losses caused by shoplifting is complicated, and numbers alone don’t tell the whole story — the consequences can reach everything from employee morale to customer experience.
To ward off inventory and profit losses caused by shoplifting, some retailers are installing advanced security cameras as well as attaching RFID tags to merchandise.
To ward off inventory and profit losses caused by shoplifting, some retailers are installing advanced security cameras as well as attaching RFID tags to merchandise. (Shutterstock)

A few months ago, someone walked into a suburban New Jersey department store, cut all of the security wires from a rack of Canada Goose coats, scooped them up and walked out the door right past a couple security guards.

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About the author
Sheena Butler-Young
Sheena Butler-Young

Sheena Butler-Young is Senior Correspondent at The Business of Fashion. She is based in New York and covers workplace, talent and issues surrounding diversity and inclusion.

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