Retail theft is soaring across the U.S., with large chains like Best Buy (BBY) and Walgreens (WBA) beset by increasingly brazen and widespread instances of shoplifting that’s hurting their bottom lines. In recent weeks, reports of “smash and grab” robberies in major cities — featuring crowds of thieves making it off with electronics, clothing and footwear, have flooded social media. Security experts cite a litany of reasons including fallout from the COVID-19 pandemic, overwhelmed law… Source link
Read More »Thefts of catalytic converters are way up — here’s how to protect yourself
Thefts of catalytic converters are way up — here’s how to protect yourself One business that’s been booming amid the pandemic is auto theft, which skyrocketed last year. And increasingly, thieves aren’t even targeting the whole car. Instead, they’re going after the valuable container of precious metals attached to every car’s undercarriage: the catalytic converter. All across America, local police departments are reporting surges in cases of stolen catalytic converters, and motorists… Source link
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