New report dives into the current retail theft crackdown, offers policy solutions to empower retailers

According to the U.S. Chamber of Commerce, Georgia retailers reportedly lost $1.6 million in stolen retail in 2022. (AP Photo/Bebeto Matthews)

As retailers step up security measures and stricter antitheft laws take effect in states across the nation, a new report claims shoplifting in major cities during the COVID-19 pandemic did not spike.

The report, called “Retail theft in US cities: Separating fact from fiction,” dives into the current retail theft crackdown and explains why it’s not based on actual crime trends.

On Monday’s edition of “Closer Look,” Thea Sebastian, the executive director at The Futures Institute, and Hanna Love, a fellow at The Brookings Institution, talk with host Rose Scott about the report and share what they call “sensible ways” to address retail theft and empower companies, employees and customers.