Home Depot and other retailers have seen an increase of theft at their stores. This is not shoplifting, it's a bigger problem known as organized retail crime.
Imagine loading up a cart full of merchandise at a store, and just walking out the door in broad daylight as store employees watch you do it.
"We watch them leave our store with product ... Often, they are armed and we don't want to put our customers or associates in harm's way," saidA suspect became aggressive when she was stopped from taking what seemed to be unpaid merchandise.In surveillance video from Home Depot stores that CNBC obtained, a suspect is seen punching a store employee when the worker tries to stop her from stealing.
Home Depot shares, which have a market value of $239.3 billion, have climbed 27% since the start of the year.have put pressure on the stock in recent days. Lowe's shares, which have a market value of $90.3 billion, are also up about 27% so far this year. With the rise of e-commerce, it is easier to sell items quickly online. It takes longer to sell items in person at pawnshops or other methods, according to Glenn.Home Depot may not stop the theft as it happens, but it's not ignoring the problem.
Chris Walden, a special agent with the Utah attorney general's office, said eBay identified 34 Utah pawnshops where suspected stolen merchandise was being sold, both out of the shop itself and on eBay.
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