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Retailers say theft cost nearly $100 billion last year. But are stores using crime stats to cover up other problems?

By: MarketWatch

May 17, 2023 at 14:33 PM EDT

When REI said it would close a store in Portland, Ore. due to rising theft, it joined a chorus of other retailers raising bigger questions about crime.

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Financial News

Retailers say theft cost nearly $100 billion last year. But are stores using crime stats to cover up other problems?

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