Retailers Lost Over $4.4 Billion in Democrat-Run New York Due to Organized Shoplifting
Organized shoplifting has impacted New York retailers greatly. The Democrat-run state and its soft-on-crime policies have resulted in huge losses for businesses.
In 2022, there was an estimated $4.4 billion loss for retailers across the state of New York. Store owners are not happy about Governor Hochul’s approach to handling this situation.
Democrat Governor Hochul recently vetoed a bill that would have facilitated the issue of dealing with organized theft rings. A spokesperson for the Governor said the $35 million cost for the proposal was not in the budget.
Retailers across New York state say there’s no end in sight to the rising epidemic of organized shoplifting rings — and warn it could lead to more store closures,
