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Retail giants like Target and Rite Aid have issued concerns about organized crime rings causing profits to shrink, following the dismantling of Baltimore-based criminals in New Jersey.
Target is losing hundreds of millions of dollars due to organized criminal networks shoplifting products.
The chief financial officer of Target Corporation, Michael Fiddelke, said on Wednesday that store theft has hurt the retail giant's gross profit margin.
Locked cases. Shuttered branches. A standby of city life in the 21st century is firmly in decline.
The closure of two Wawa locations in the center of Philadelphia this week are the latest in a string of retail closures nationwide due to a rise in "shrink", or retail theft.