Christine Dugas
USA Today
June 20, 2008
One morning last month, the manager of a Stop & Shop in Methuen, Mass., noticed a man, along with his young daughter, leave the store without paying for several bags of shrimp. When police arrived, they found something else on him, too: 20 cans of baby formula.
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Call it a sign of the times. Steadily and alarmingly, shoplifting seems to be rising at many retail chains, and experts are pointing at a prime cause: the sputtering economy.
“Wages aren’t keeping up with inflation, especially the price of food and energy,” says Diane Swonk, chief economist at Mesirow Financial. “It just leaves less money for everything else, and that breeds a lot of temptation.”
Retail and law enforcement experts agree that they’ve seen an increase in store theft during the current slowdown — and not only from customers.
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