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Retailers are raising the alarm about theft. For this department-store chain, it’s been ‘within our plans.’

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marketwatch.com/story/retailers-are-raising-the-alarm-about-theft-for-this-chain-its-been-within-our-plans-b59c9bea

Lots of big retailers this summer are talking about theft, and how it’s hurting profit. But when an analyst asked department-store chain Nordstrom Inc. JWN, about the subject on Thursday, following a massive late-afternoon robbery at one of its stores this month in California, executives said levels of theft haven’t been beyond what they expected.
“Certainly what happened at…

This story from marketwatch.com was posted on 2023-08-25 by @frostspark.

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