Retail

DAs, retailers say California needs tougher retail theft law

Spurred by a recent run of large-scale smash-and-grab robberies, prosecutors and retailers are pushing back on assertions by California's governor and attorney general that they have enough tools to combat retail theft in the wake of a voter-approved easing of related laws.

Kroger managing inflation with select price increases

The select price hikes come as Kroger beat Wall Street estimates for the third quarter, reporting total sales of $31.9 billion in the third quarter, compared to $29.7 billion for the same period last year.

Psaki says root cause of organized retail crime is the COVID-19 pandemic

White House press secretary Jen Psaki said Thursday the root cause of the spike in organized retail crime is the COVID-19 pandemic, saying the Biden administration is working with a number of communities across the nation to “crack down” on crime in those neighborhoods.