Walmart and Target Funding Campaign to Stiffen Penalties for Theft

Walmart and Target are the top funders of a campaign that aims to roll back a California law that critics say has led to a surge in retail theft.This law, Proposition 47, enacted in 2014, aimed to reduce penalties for lower-level drug and property crimes but has been criticized for leading to a surge in smash-and-grab robberies and other crimes, Bloomberg reported Friday (Feb. 9).The two retailers are among those supporting a proposed ballot measure that seeks to give prosecutors more power to charge accuse ...