AUTHORITIES in New York City have launched a crackdown on retail theft after instances of the crime skyrocketed in recent years. Startling figures released by The National Retail Federation revealed how retailers make huge yearly losses due to theft. GettyNew York City Mayor Eric Adams has vowed to use his new task force to combat the ‘plague’ of shoplifting impacting cities across the US (stock image)[/caption] GettyRetail theft increased by 44 percent between 2021 and 2022 causing around $80 billion in losses for retailers, according to a report (stock image)[/caption] According to the Federation, the industry is facing an “unprecedented” threat from crime which increasingly co
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