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Best Buy Shares were down more than 16 percent on Tuesday after the company had been enjoying a profitable November. Best Buy CEO Corie Barry said the drop was due to high crime.
At least 20 people raided a Nordstrom store in Los Angeles, top right, at around 10.40pm Monday night following three consecutive days of brazen shoplifting in the Bay Area.
A groundswell of Californians has started to push back against laws that have led to out-of-control looting, such as what happened to a San Francisco-area Nordstrom and Luis Vuitton over the weekend.
California Governor Gavin Newsom vowed on Monday to get tough with organized gangs of thieves who have ransacked and looted luxury retail stores in the San Francisco Bay Area.
San Francisco District Attorney Chesa Boudin says he plans to bring felony charges against eight people involved in a brazen theft at a Louis Vuitton store on Friday.