August 10, 2022
New York City stores shutting down Spam and other food items amid shoplifting boom

Some New Yorkers are resorting to piracy like inflation Covers the cost of everyday items including food.

Drugstores in parts of New York City have been put on high alert amid an increase in thefts and increased security measures to prevent thefts. Cans of Spam, a cooked pork product that retails for $3.99 per 12-ounce tin, appears to be enclosed in an antitheft container at a Duane Reade store in Manhattan, according to a customer who posted the damage on Twitter. -Shared an image of the troubleshooting tool. ,

Cans of the celebrity brand ham, which retail for $3.49, were also encased in plastic, after a customer tweeted an image of the product.

consumer price index rises in june 9.1% compared to a year agoHighest inflation in more than 40 years.

Due to the increase in online shopping, the COVID-19 pandemic has also led to an increase in retail crime. Experts have said that thieves have become more brazen in stealing from shops because they can sell goods online.

Duane Reade owner Walgreens did not immediately respond to CBS Moneywatch’s request for comment.

In May, New York Mayor Eric Adams and Attorney General Letitia James announced The arrest of 41 people, who were allegedly part of a crime ring that stole luxury clothing and accessories as well as thousands of items from drugstores.

While locking up popular items in stores is one way to prevent theft, it can also deter consumers who don’t have the patience to flag a seller to unlock an item they want to buy.

Tony Shepard, head of loss prevention at ThinkLP Software, told CBS, “Retailers do all kinds of things to protect the product, but even when the merchandise is discontinued, sales still suffer because they don’t have a lot of customers to buy.” We don’t have manpower to unlock things.” Moneywatch.

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