Ex-Home Depot CEO reveals why more retail stores will be locking up their items in 2024

Throughout 2023, brick-and-mortar stores went to war with retail theft. According to the National Retail Federation (NRF), organized crime is a $100 billion problem, with cities like San Francisco, Houston, New York City and Seattle bearing the brunt of losses. But heading into the new year, former Home Depot and Chrysler CEO Bob Nardelli warned big-box retail chains and small businesses are likely to see more items stolen off shelves in 2024, and as a result, continue locking products up."Unfortunately, I ...