CEOs of Target, Kroger, and Best Buy say anonymous online vendors are selling stuff that was stolen

[Yo_Mama_Been_Loggin]

from their stores and they are asking Congress to step in

Leaders in the retail industry are fed-up with organized retail crime's impact on their businesses, and they're asking Congress to take action.

Twenty CEOs at major retailers sent a letter addressed to Congressional leadership on Thursday, asking lawmakers to pass legislation to help curb illegal business activity by anonymous vendors online.

Retailers say they have seen an uptick in organized criminal activity over the past months, including through brazen smash and grab thefts, and many stolen brick-and-mortar products being resold on online marketplace platforms. The retail industry has lost billions in the past year from the reselling of these "hot" items, according to the FBI and a 2020 survey from the National Retail Federation.

Signatories include the CEOs of Target, CVS Health, Rite Aid, Home Depot, Dollar General, AutoZone, Kroger Co., Petco, Ulta Beauty, Nordstrom, Best Buy, as well as the president of the Retail Industry Leaders Association.

https://www.msn.com/en-us/money/companies/the-ceos-of-target-kroger-and-best-buy-say-anonymous-online-vendors-are-selling-stuff-that-was-stolen-from-their-stores-and-they-are-asking-congress-to-step-in/ar-AAREKae

[stopdiggin]

1. but, wait. wouldn't that mean -- regulations?

and other big gov 'commie' stuff?
--- ---

[leftstreet]

4. The fRee mArkeT has it's invisible hand out?

who woulda thought

[Doremus]

2. How nice that they can get attention so easily on their problems.

We can go years, decades, stand on our heads and say novenas before anything's done for us, if ever.

[msongs]

3. they could make up for if they'd stop taking on line returns nt

[Deuxcents]

5. Wow.. nothing gets past these people

That’s why they pay em the big bucks

[ShazamIam]

6. Retailers create more problems with low wages and under staffing, refuse to pay taxes,

(when those stores move in they get tax exemptions) and we know the record on federal taxes.

But they want the tax payer to lock up people and hire more police but they don't want to pay for the cost.

[Iggo]

7. Tax the rich. Feed the poor.