National Retail Federation says 2021 data was flawed and based on congressional testimony from president of an advocacy group

The powerful National Retail Federation (NRF) lobbying group has retracted a claim that “organized retail crime” accounted for “nearly half” of the shopping industry’s $94.5bn losses due to theft or “shrink” in 2021.

The industry group had said the impact of organized retail crime, which it previously claimed had increased by 26.5%, had become increasingly violent. Retail giants like Target, Walmart and Walgreens said it was threatening their businesses.

The NRF said the figure was based on a congressional testimony from Ben Dugan, the former president of an advocacy group, the Coalition of Law Enforcement and Retail, and that an analyst from K2 Integrity, a risk consultancy that co-authored the report, inferred the “nearly half” claim.

  • pelespirit@sh.itjust.works
    link
    fedilink
    arrow-up
    7
    ·
    1 year ago

    I don’t have time to watch the video but I will later. It’s never going to be possible to get the money out of politics 100%, but transparency and getting rid of super pacs would go a long way.

    • Alto@kbin.social
      link
      fedilink
      arrow-up
      6
      ·
      edit-2
      1 year ago

      Oh there is absolutely more we could be doing, especially regarding tracking dark money spending. I was primarily pointing out that “we should just get rid of lobbying” is an almost entirely nonsensical statement.