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Transcripts For CNBC On The Money 20240713

Cart imagine loading it up and just walking out of a store thats what a growing number of people are doing, some of them part of organized crime rings. And home depot now says that shrink, which includes theft, is hurting its profit the company gave us exclusive access to how it fights a never ending battle. Courtney ragan has our investigation, grab and go reporter youre watching brazen retail theft. The suspects are so sure they wont get caught that some even get aggressive when stopped as this surveillance from home depot shows. Most likely these people arent shoplifters or people who steal items for their own use. Instead, its a bigger problem known as organized retail crime with criminals working together to steal for profit. Home depots jamie borne investigates the theft it all starts with boosters. A booster is somebody that is basically professional shop lifter theyre doing it for profit, not just for personal use. Reporter are they just guessing what items are in demand do the

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