Under siege: Retailers flee cities as unarmed security, public authorities fail to curb thefts

February 08, 2024

Last year, Target closed nine stores in New York City, San Francisco, Seattle, and Portland, Oregon, over safety concerns. Stores nationwide have locked specific merchandise, such as Dove soap, behind plastic shields, hired unarmed security guards and trained employees to deter theft without violence. He pointed to a New York City proposal to make business owners hire more unarmed security guards and train employees to handle thefts. That same month, a report from Capital One found that states lost $4.345 billion in tax dollars from retail theft in 2022. Gavin Newsom noted that the Capital One report showed the $8.72 billion the state lost to retail theft was 17% lower than the national average among states in 2022.