“We’re Getting Creamed” – NYC Small Business Owners Struggle To Confront Surge In Shoplifting, by Tyler Durden

It’s heartbreaking and infuriating when legitimate small businesses can’t survive because theft has essentially been legalized. From Tyler Durden at zerohedge.com:

New York City’s struggling small businesses are dealing with one of the worst spikes in retail theft rates in recent memory. And owners aren’t sure whether Mayor Eric Adams’ decision to roll back certain COVID restrictions will improve the situation, or make it worse.

The owner of a couple of downtown boutiques said she has never felt “more exhausted” trying to protect her businesses from emboldened shoplifters and criminal crews working small retail businesses.

Someone shattered the front door overnight and ripped out the cash drawer. The new security gates cost $2,300. The streets became quieter after four neighboring businesses closed permanently during the pandemic, emboldening shoplifters. Two security guards quit.

For Deborah Koenigsberger, who has worked in retail for three decades, keeping her two clothing stores open in Manhattan’s Flatiron neighborhood has never felt so exhausting.

“As small businesses, we are getting creamed right now in so many ways,” Ms. Koenigsberger said. “I might as well leave my store door open and say, ‘Help yourselves.”

According to data from the NYT, shoplifting complaints are up 16% over the past year, while arrests have fallen.

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