At least 20 people were arrested after stores in Philadelphia were vandalized and robbed on Tuesday night, adding to concern about a wave of retail thefts across the US.
Apple, Lululemon and Foot Locker stores were hit, with the incidents caught on cameras and shared widely on social media. Acting Police Commissioner John Stanford told NBC 10 Philadelphia that it was caused by a “bunch of criminal opportunists.”
Target Corp. said this week it’s closing nine stores in four states to curb losses from rising retail theft, while the National Retail Federation said US retailers are being forced to ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.