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Retailers, FBI intro’s crime-tracking database

The National Retail Federation said that shoppers give away approximately 2 cents on each dollar to mask the price of retail thievery. The NRF and another industry association recently announced to have teamed up with the FBI to generate a national online database for merchants to share info to combat organized retail theft. Not like average shoplifters who pilfer for themselves, those occupied in organized crime commit theft of the goods and resell to good-for-nothing markets, pawnshops or on the Internet. The database is claimed to strengthen attempts made by the NRF and the Retail Industry Leaders Association. Both organizations introduced their own password-protected online national crime databases previous year. Earlier, merchants did not ever share info; hence organized rings may possibly knock a range of stores in one area but for being spotted. Ever more, the country’s retailers are cracking down less on minor crimes and more on organized retail thievery, which costs the industry over $30 billion per annum and is on the rise.


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