retailers Archives - The Connecticut Star

Retailers Lost Billions of Dollars to Shoplifters in 2022, Survey Shows

September 29, 2023 Connecticut Star Staff

Retailers lost more than $112 billion to crime in 2022, a roughly 19% increase in losses from 2021, a survey from the National Retail Federation (NRF) and the Loss Prevention Research Council found.

At least 28% of businesses who responded to the survey reported that they had closed locations because of organized retail theft, while 30% reduced or altered their in-store product selections. Out of the 177 retail brands surveyed, 88% said that shoplifters had become somewhat more or much more violent in 2022 compared to the previous year.

Newtown-Based Firearms Trade Association Spends More Lobbying Congress than NRA

July 3, 2022July 2, 2022 The Center Square

One Connecticut-based firearms industry trade group has spent more on lobbying than the National Rifle Association.

The National Shooting Sports Foundation, an industry trade association based in Newtown, has spent 40% more than the NRA lobbying Congress since 2019. For 2021 alone, OpenSecrets – a nonpartisan nonprofit tracking money into politics – reports an estimated $5 million spent by NSSF on lobbying; the NRA spent $4.92 million.