Decay: Major Retailers Announce Hundreds of New Store Closures Due to Mounting Crime in Cities

Posted on September 28, 2023
Decay: Major Retailers Announce Hundreds of New Store Closures Due to Mounting Crime in Cities

Store closing sale announcement at a Bed Bath & Beyond indoor mall in northern Idaho. (Photo by: Don & Melinda Crawford/UCG/Universal Images Group via Getty Images)

The costs of “shrink” aren’t just absorbed. They’re passed down to consumers, which is the last thing consumers need in an age of sky-high, inflation-fueled prices.

Photo by: Don & Melinda Crawford/UCG/Universal Images Group