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Shoplifting and Regulations Hit Grocery Profits | Canada News
Description
Grocery store owners are sounding the alarm—shoplifting gangs are stealing billions, sometimes more than their profits, and they’re blaming politicians for not cracking down hard enough. With theft skyrocketing from $5B to $9B in Canada since 2018, retailers are also pointing fingers at burdensome regulations driving up food prices. It’s a double hit: crime eating into profits and bureaucracy pushing costs higher—forcing businesses to rethink how they operate and what shoppers pay.
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