Retailers Are Racking Up Billions In Losses To Organized Retail Crime

The Nike store in Portland, Oregon, has been closed for weeks because of theft crimes, and it is unclear when it will reopen. “Our store is closed for the next 7 days,” reads a message on the Nike Community Store Portland website, according to KGW8. According to the outlet, this message has been in place for weeks. The store has long had a problem with theft, and shoplifting has increased, according to several people with …

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