If you missed this story by The Daily last week, it’s worth a read. Apparently, Tide laundry detergent is an unlikely target among thieves. Bottles of Tide have become currency on the black market, worth $5-10 each. And the problem has been going on for years; I found a similar story from 2005. According to the most recent organized retail crime survey by the National Retail Federation, 95% of retailers were a victim of organized retail crime in the last 12 months. Here’s what else they had to say:
“Criminals are keen on obtaining the hottest-selling merchandise because of its high resale value. Trends retailers have identified in top-fenced merchandise include the desire for all branded merchandise, particularly exclusive licensed goods. Consumable products such as over-the-counter medications, infant formula, high-end technology devices and designer denim are some of the top targeted items to be fenced. Retailers are constantly experimenting with ways to protect targeted items. Many stores reposition products where employees can keep a watchful eye on them, others limit quantities on display, while several use special locking devices such as secure caps and a few are locking them up.
Whether it’s Tide, designer jeans, electronic games or vacuum cleaners, the dirty laundry on these criminal groups will come out in the wash eventually.”