CNN New Day With John Berman and Brianna Keilar November 25, 2021 13:22:00
Bucks or less, that's not a felony. that's just a misdemeanor. nick watt, cnn, los angeles. >> joining me now with how these smash and grab robberies are impacting retail, consumer and retail expert eta herzog. how much is this costing retailers? >> so, we're looking at around 759,000 per one billion dollars of merchandise sold. so for every $1 billion of merchandise, $759,000 of that is going to be stolen. now, you multiply that, we're expecting about a trillion dollars to be spent over the holiday season. we're looking at around $70 million worth of merchandise, potentially stolen, and nick ...
Source: archive.org