Crime /

CEOs of Target, Best Buy, CVS, Others Demand Congress Help Stop ‘Organized Retail Crime’ in US Cities

The leaders of major American retailers sent a letter to Congress earlier this month demanding the federal government help crackdown on “organized retail crime” as thieves use “smash-and-grab robberies” to steal millions in merchandise this holiday season.

The letter, dated Dec. 9, states:

“As millions of Americans have undoubtedly seen on the news in recent weeks and months, retail establishments of all kinds have seen a significant uptick in organized crime in communities across the nation. While we constantly invest in people, policies, and innovative technology to deter theft, criminals are capitalizing on the anonymity of the Internet and the failure of certain marketplaces to verify their sellers. This trend has made retail businesses a target for increasing theft, hurt legitimate businesses who are forced to compete against unscrupulous sellers, and has greatly increased consumer exposure to unsafe and dangerous counterfeit products.

“It is time for Congress to modernize our consumer safety laws so consumers, retail employees, and businesses are not targets of organized retail crime and dangerous counterfeit products. Implementing basic transparency and verification protocols is essential and will finally expose criminals who are selling consumers stolen, fake, and dangerous products. We appreciate your support and timely action on this needed legislation. We look forward to working with you and your staff to help protect communities, families, and consumers.”

The letter is signed by the bosses of Best Buy, Target, CVS, Foot Locker, Home Depot, Levi’s, Walgreens, Petco, and others.

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5 responses to “CEOs of Target, Best Buy, CVS, Others Demand Congress Help Stop ‘Organized Retail Crime’ in US Cities”

  1. retrofriedmemes says:

    They’re asking congress to legislate verification processes for online marketplaces. Currently amazon lets anyone sell with little to no verification in addition to not tracking where they get their inventory. so its become an easy non traceable way for criminals to fence stolen goods.

  2. Cleffy says:

    The federal government does not have jurisdiction over local crime. Elect better mayors or get out of the city.

  3. WillC says:

    If anything they should be lobbying local and state level politicians to pass laws that prevent thieves from suing these companies civilly if they are injured during the commission of theft. Then they can hire security to stop the thieves. It is definitely not a federal issue.

  4. Zerref says:

    They should be jumping for joy because these CEO’s love supporting the progressive movements. The fruits of their labor are now coming to harvest! You reap what you sow.

  5. pandusa says:

    CEOS-It is one thing to have crime and murder in the streets cause by government officials we helped get elected. But when it starts to affect retail sales and the profits of our shareholders- SOMETHING MUST BE DONE!