The level of lawlessness continues to surge as a rash of looting is happening across the country. The latest occurred on Friday evening when 30 people robbed a Best Buy store in Burnsville, Minnesota.
CNN affiliate WCCO said the group of people arrived at the Best Buy store in the south metro area, approximately 15 miles south of Minneapolis, around 8 pm local time and looted the store.
No one in the mob brandished a weapon, nor were any injuries reported. No arrests have been made, and thieves made off with thousands of dollars in electronics.
WCCO also reports a flash mob hit another Best Buy in the metro area on Friday. The number of flash mobs robbing retailers has unleashed a shoplifting epidemic that is plaguing this country.
Last week, Best Buy shares crashed after the company reported margin compression due to organized thefts.
"We are seeing more and more particularly organized retail crime," CEO Corie Barry said on a conference call with analysts.
"You can see that pressure in our financials, and more importantly, frankly, you can see that pressure with our associates. It's traumatizing."
Just last week, a mob of at least 80 people ransacked a Nordstrom in an upscale community in the outskirts of the San Francisco Bay Area.
Flash mobs have also targeted Louis Vuitton stores in Democrat cities where penalties for thefts have been eased.
According to the National Retail Federation, organized retail crime costs retailers $700,000 per $1 billion in sales every year. Another industry group, Buy Safe America, estimates shoplifting costs retailers billions of dollars in lost economic activity each year.
Criminal-justice reforms in some Democrat cities reduced penalties for shoplifting. This has allowed looters to have no fear of being confronted as they would only get a slap on the wrist if they are caught and won't be charged with a felony.
Some of the most common consumer goods looters are targeting this year are high-end purses, clothing, and handbags, top-shelf liquor, laundry detergent, allergy medicine, razors, and pain relievers.
"At the end of the day, it's still about supply and demand," said Tony Sheppard, director of loss prevention solutions at ThinkLP. This software developer helps retailers prevent theft and manage its impact.
"The demand for product online skyrocketed, and as a result, so too did the demand for stolen product."
Meanwhile, approximately 10 looters in California hit a Home Depot in a Los Angeles suburb and stole hammers, crowbars and other tools, according to CNN.
The incident took place at approximately 8 p.m. local time in Lakewood, Los Angeles Sheriff's Department Deputy Miguel Meza told CNN. Lakewood is a city in Los Angeles County.The thieves made off with hammers, sledgehammers, crowbars and other tools. After grabbing the items, they ran out of the store and got into a getaway car parked outside, Meza said.
The nation, under the Biden administration, is quickly descending into total lawlessness this holiday season.
https://www.zerohedge.com/markets/group-20-30-looters-rob-minneapolis-best-buy-black-friday
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