By Jenna Warburton
Source: The Street
With the holidays around the corner and many students back at school, 2023’s shopping season is officially in session.
Plenty of big-box retailers are anticipating a big season of spending, as interest rates are cooling and travel is back in full swing. If Amazon’s blockbuster Prime Day was any indicator, we could be in for a red hot Q4 of consumer outlays.
But with increased foot traffic in stores have come other, less savory matters as well. Some retailers have noticed (and called out) the uptick in shoplifting and other criminality in some of their stores, especially after the pandemic.