In New York City, Herald Square store had the Macy’s logo on January 19,2024.
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On Wednesday, authorities revealed that a beauty store near the Empire State Building in New York was selling stolen goods macy’s department store and others worth more than one million dollars.
At a press conference held Monday by New York City District Attorney Alvin Bragg, two Manhattan perfumes and cosmetics dealers known as Rehana allegedly possesses property stolen from more than $1 million which they traded through. Cosmetics resale.
Bragg said that an additional $212,000 worth of merchandise had been stolen from Macy’s while all other items were taken from CVS, rite aid pharmacy walgreens drugstore Duane Reade (part of Walgreens) urta victoria secret Bath & Body Works And then there is also an NHL shop,” he added.
“Rihanna cosmetics has been identified through our investigation as being frequented by shoplifters who would want to sell them their stolen wares,” Bragg said. “We contend that this provided an incentive for shoplifting so we maintain it as criminal drivers.”
Manhattan District Attorney Alvin Bragg announced the filing of an indictment involving more than $1 million worth of stolen goods from a retail ring-fenced theft operation.
Photo courtesy of the Manhattan District Attorney’s Office
Prosecutors claim that inside the “Beauty and Fragrance Store” called Rehana Cosmetics were hundreds of boxes filled with items not normally associated with such establishments; designer purses, over-the-counter drugs such as kitchen ware Among other items. They then resold stolen items to these individuals.
“What we’re alleging here is greed at its core,” Bragg stated. “They do it for profit motives. That’s an age-old motive.”
Retailers such as Target Ulta are increasingly pointing out thefts occurring in their stores.Theft is becoming a bigger issue with them, the so-called Ulta in March, was used to show how an organized retail crime ring was taken apart by police; Millions of cosmetics stolen from Ulta stores and sold on Amazon.
Although Bragg could not give a specific number, he acknowledged that “too many” attacks had occurred on store personnel at locations that experienced thefts when asked about the number of stores believed to be involved in similar operations.
“As part of our multi-pronged approach to prosecution, we can achieve lasting results against retail theft that ensure our store associates remain safe, eliminate the economic incentives connected with stealing and reselling stolen items while enhancing the commercial vibrancy of this industry,” he said.
According to a statement given to CNBC by a Macy’s representative, “We appreciate law enforcement efforts and Manhattan District Attorney’s Office regarding this matter.”
A CVS spokesperson thanked the Manhattan District Attorney’s office for its work
Manhattan District Attorney Alvin Bragg announced the filing of an indictment involving more than $1 million worth of stolen goods from a retail ring-fenced theft operation.
Photo courtesy of the Manhattan District Attorney’s Office
“Our partnership with law enforcement is core to our strategy for stopping organized retail crime (ORC) gangs who are stealing and then selling online these pilfered goods. In our bid to curb online theft and sale of stolen properties, we anticipate further cooperation with The DA’s office.” The spokesman ended.
In an interview earlier this year, a Walgreens representative informed CNBC of efforts made by the company to reduce shoplifting. The measures include improved security and better service to patients and customers (CNBC).
When reached for comment from CNBC, other retailers who were allegedly caught stealing items from those seizures did not respond immediately.
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