Retailers Want New Laws to Combat Organized Theft

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Retailers and trade groups from throughout the country are calling for tighter state and federal legislation to penalize those who engage in organized retail crime.

Since 2022, at least nine states have done so, with six of those states enacting legislation this year. This spike is being driven by groups such as the National Retail Federation (NRF), which has contributed to legislation toughening penalties for theft prevention.

According to the report, there is also governmental activity. Two U.S. senators introduced the Combating Organized Retail Crime Act (CORCA) in January, which has 60 bipartisan sponsors in the House and five in the Senate.

According to the story, the new legislation calls for lowering the bar that prosecutors must meet before initiating federal theft cases. It would also impose stiffer penalties and create a mechanism for distributing and publicizing patterns in organized retail theft.

According to the study, merchants report that organized retail theft leads to increased expenses and company closures. Government officials have noted that retail crime-related store closures harm jobs, tax revenue, and community economic health.

According to the poll, those who preferred stiffer punishments for organized retail theft backed the Inform Act, which went into effect in June. This new law requires online marketplaces to publish the names of high-volume sellers in order to prevent the sale of stolen goods.