This article discusses how many companies are employing aggressive legal tactics and taking advantage of loosely written state laws, to push for restitution even when people have not been convicted of wrongdoing.
1. How much does shoplifting cost stores each year?
2. What happens in many states to payments made to retailers before court proceedings if shoplifting cases are ultimately dismissed or the people are cleared?
3. In your opinion, what was the most remarkable point made in this article?
4. How do you think retailers account for these payments (prior to court) in the ledger? Present an example journal entry.
Corkery, M. (2018). They’re Falsely Accused of Shoplifting, but Retailers Demand Penalties. The New York Times, August 17 (Retrievable online at https://www.nytimes.com/2018/08/17/business/falsely-accused-of-shoplifting-but-retailers-demand-they-pay.html)