NYC retail menace Vincent Traficante called ‘one-man crime spree’ who robbed Lululemon stores 12 times this year: sources
Let’s talk about lemons. Police finally decapitated a Manhattan retailer’s thug who had robbed Lululemon stores 12 times since January, including six times at one store, sources said. Vincent Trafficante, a 37-year-old “alone repeat offender,” has been arrested more than a dozen times this year for his insatiable hobby of robbing Manhattan’s luxury boutique Lululemon, […]
LA County Sheriff Organized Retail Crime Task Force major fencing operation bust
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CVS partners with AGs to curb retail crime: Thieves ‘not being prosecuted, and they need to be’
CVS recently announced that it is partnering with law enforcement and the Attorney General’s Office to curb the proliferation of organized retail crime. fox business report. On Wednesday, CVS CEO Karen Lynch told CBS Evening News that the pharmacy chain is doing everything it can to crack down on shoplifting, adding that thieves are “ransacking […]
US retail sales growth in 2024 expected to slow due to high credit costs, inflation
The nation’s largest retail trade group expects the country’s retail sales to grow between 2.5% and 3.5% this year, a steady but still slower pace than last year’s 3.6%. ing. The National Retail Federation announced Wednesday that it expects retail sales to reach $5.23 trillion to $5.28 trillion this year. The 2024 forecast is roughly […]
Retail sales rebounded in February, but consumers may be growing more cautious
Brenda O’Connor Juanas, senior vice president at UBS Wealth Management, and Luke Lloyd, investment strategist at Strategic Wealth Partners, discuss retail earnings, interest rate cuts, Bitcoin’s surge to record highs, February CPI and more . U.S. retail spending rebounded in February, but consumers may be more cautious as they continue to face high interest rates […]
Soft Retail Sales Keep Alive Fed Rate-Cut Hopes – Investor's Business Daily
Retail sales rebounded weaker than expected in February, but new jobless claims fell to very low levels and prospects for Federal Reserve interest rate cuts are mixed. Producer price index data also showed a mixed picture for the Fed’s key inflation measure, the core PCE price index. X S&P 500 futures remained marginally higher after […]
February retail sales up 0.6%, but some cracks emerge in what has been a driving force for economy
NEW YORK (AP) — Shoppers spent a little more in February after a rebound the previous month, but this reflects the complexities Americans have in an economy where prices are rising but jobs are plentiful. It reflects the feelings of Retail sales fell a revised 1.1% in January, partly due to bad weather, but rose […]
Video shows brazen thieves robbing bubble tea joint in Fulton Center — as retail manager threatens to leave over rising crime
A newly released video shows brazen thieves stealing cash from a tapioca shop at the Fulton Transit Center. The retail giant that operates the hub is threatening to withdraw, citing rising crime. One video obtained by the Post shows a man sticking his head around a plastic barrier surrounding a cash register at Fulton Goncha […]
California mom alleged ‘ringleader’ behind $8M retail theft ring that hit over 200 Ulta stores, others: AG
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Retail giant wants out of MTA transit center lease, blames crime for scaring away tenants
The retail giant that operates the Fulton Transit Center in lower Manhattan wants out of its contract with the MTA, saying crime is scaring tenants away from the shopping space. According to court documents, the Westfield Fulton Center alleges that the subway hub was overrun with homeless people, street thugs and vandals because it lacked […]