Retail thefts have ballooned in the last few years, creating a multi-billion problem for retailers and forcing companies to take drastic action to protect from lost profits.
Numerous pharmacies, grocery stores and other retailers have shortened store hours or been forced to close permanently as locked-up merchandise becomes commonplace to protect against shoplifters and smash-and-grab thieves.
“It has to do with all the shoplifting,” a Walgreens clerk told Fox Business last month on why ice cream freezers were secured with chains and locks.
