It’s no secret that retail theft has skyrocketed since the pandemic. We’ve all seen the alarming videos of criminal gangs attacking stores, cleaning out shelves and walking off with no apparent consequences. This year, U.S. merchants expect to report a stunning $100 billion in losses — a big increase over pre-pandemic levels. At the same time, arrests and prosecutions for retail theft in .
Apple is reducing the raises it gives to retail employees amid slowing economic conditions. Apple is reducing the raises it gives to retail employees following an iPhone quarter that did not perform that well.
Some retailers are beginning to offer more benefits to employees in order to help rising mental health issues. Benefits include access to therapy as well as extended family leave and tuition assistance.