Gavin Newsom Bragged About His Organized Retail Crime Task Force, but There’s a Big Problem

recovered is less than four percent of what was spent fighting it.

Also, the U.S. Chamber of Commerce reported in 2021 that California retail crime has cost businesses about $19.1 billion overall, including $3.4 billion in lost tax revenue.

In 2022 alone, it was estimated that businesses lost $8.7 billion to retail theft, with some annual estimates continue reading …