Skip to main content
Tags: crime | democrats | cities | businesses | inflation

Rampant Crime Costing Businesses More for Security

Rampant Crime Costing Businesses More for Security
Retail businesses and office buildings are boarded up in anticipation of Election Day vandalism near the center of the nation's capital November 2, 2020 in Washington, D.C. (Chip Somodevilla/Getty Images)

By    |   Sunday, 17 July 2022 01:02 PM EDT

Rising crime has more of an impact on Americans than just public safety. It is reportedly also leading to costing businesses more on security, if not forcing them to close down altogether.

As Starbucks has been forced to close 16 U.S. locations amid incidents of crime, other restaurants and supermarkets are feeling the crunch of increased security amid a crime wave in the U.S., The Wall Street Journal reported.

Noodles dining chain has been seeing increased drug use in bathrooms and is spending money to respond, CEO Dave Boennighausen told the Journal, while Kroger supermarkets noted profit margins were hit last year by increased costs related to security and thefts.

"We are facing things that the stores weren't built for," Starbucks interim CEO Howard Schultz said. "We are listening to our people and closing stores."

Food-service research firm Lisa W. Miller & Associates LLC noted 44% of U.S. adults are more fearful of patronizing local businesses during the widespread crime.

The Journal noted Democrat-run cities of Seattle, Los Angeles, Chicago, and New York having rising violent crime causing residual damage to business conditions outside of the COVID-19 pandemic lockdowns, protocols, and massive Biden administration inflation that is at a 41-year high of 9.1%.

Aggravated assaults in grocery stores increased 73% and in restaurants increased 60% from 2018 to 2020, according to FBI data.

"There seems to be a layer of stress going into the restaurants, more than it used to," MOD Super Fast Pizza Holdings LLC Senior VP of Operations Becky Mulligan told the Journal.

MOD is installing more panic buttons in its stores, and offering emotional support resources, she added.

Economic conditions are unfavorable enough amid inflation and supply chain woes, but crime adds the cost of security on top of the losses by theft, according to New York-based Morton Williams Supermarket Director of Sales and Marketing Steve Schwartz.

"It's a lose, lose, lose all the way around," Schwartz told the Journal.

Eric Mack

Eric Mack has been a writer and editor at Newsmax since 2016. He is a 1998 Syracuse University journalism graduate and a New York Press Association award-winning writer.

© 2024 Newsmax. All rights reserved.


Newsfront
Rising crime has more of an impact on Americans than just public safety. It is reportedly also leading to costing businesses more on security, if not forcing them to close down altogether.
crime, democrats, cities, businesses, inflation
323
2022-02-17
Sunday, 17 July 2022 01:02 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
TOP

Interest-Based Advertising | Do not sell or share my personal information

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved
Download the NewsmaxTV App
Get the NewsmaxTV App for iOS Get the NewsmaxTV App for Android Scan QR code to get the NewsmaxTV App
NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved