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Retailers across New York state say there’s no end in sight to the rising epidemic of organized shoplifting rings — and warn it could lead to more store closures, increased costs for consumers and threats of violence against store employees.

Store owners said they lost $4.4 billion last year as a result of retail theft — which they say adds to the urgency for Gov. Kathy Hochul to crack down.

However, Hochul vetoed a bipartisan bill last week — to the chagrin of store owners — that would have created a task force to combat organized theft.

Hochul rejected a proposal that would have created a 15-member panel made up of experts appointed by the governor, Legislature and the state attorney general that would have put together a list of recommendations to respond to retail theft.

The Retail Council of New York State, the Albany-based lobbying group which represents retailers statewide, said it was “extremely disappointed” by Hochul’s veto.

Melissa O’Connor, the president and CEO of the group, released a statement saying that she urged the governor to take “immediate action” so as to formulate “an effective, collaborative response to this problem.”

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“She made it abundantly clear that retail theft prevention will be a priority for her administration, and we look forward to working with her to achieve results,” O’Connor said.

A spokesperson for Hochul said that adopting the proposal would have cost the state $35 million — an expenditure that wasn’t allotted in the most recent budget.

Law enforcement officials from New York City to Albany to Syracuse have reported increases in incidents of retail theft — blaming the spike on progressive prosecutors who encourages criminal behavior with lenient punishment for shoplifters.

Last month, the chief of police in Syracuse said that the city has seen a 55% spike in shoplifting since 2021 — and that’s a conservative estimate.

That number is likely higher because businesses often dont report it — but they do continue to express concerns,” Syracuse Police Chief Joe Cecile said.

Cecile warned that small businesses are “having trouble sustaining themselves” in the face of the shoplifting campaign.

One local pharmacy chain in Syracuse alone suffered losses of more than $250,000 per year due to the epidemic of organized retail theft, Cecile told WSTM-TV last month.

So far this year, the Albany Police Department has fielded 23 calls for larcenies at a single Stewart’s convenience store on Central Avenue — up from 14 at the same time in 2022.

The rash of retail thefts at the location forced the owner to shut down.

“Retail theft at convenience stores throughout the state is not as organized as at some other retailers but is as dangerous and impactful,” Kent Sopris, president of the New York Association of Convenience Stores, told The Post.

“My members have reported theft that leaves stores in shambles as criminals seek cigarettes, lottery tickets, and anything they can get their hands on.”

Sopris said that convenience store clerks are “at extreme risk.”

“In fact one store reported a thief threw a pot of coffee at a clerk,” he told The Post, adding that his trade group “stands ready to work with state and local authorities and other business groups to take control of this issue.” 

As of Nov. 19, Albany police have arrested nearly 2,300 people for larceny and nearly 340 people have been accused of motor vehicle theft.

That’s well above the five-year average of 2,057 arrests for larceny and 281 for motor vehicle theft.

Shops in the Buffalo area, which have seen a gradual decline in the number of robberies and larcenies by year, have nonetheless pleaded with local police to step up patrols in response to a rash of organized retail thefts.

Stephen Lands, owner of Buffalo Fleece and Outerwear, told WIVB-TV in September that he may need to close his shop due to rampant theft of his merchandise.

In recent months, Lands said he has been robbed 20 times.

The police “usually blame it on bail reform and say they cant arrest them and it would just be an appearance ticket so its not worth coming I guess, Lands said.

Other businesses in the Elmwood Village district of Buffalo have lodged similar complaints.

This is one of the busiest business districts in Buffalo and it seems like theres no police presence,” Lands said. “People walk in and walk out everyday with stuff and it happens to all these stores.

Organized theft isn’t limited to upstate New York.

The Big Apple saw a 64% increase in reported incidents of retail theft during the four-year period between mid-2019 and June of this year, according to the Council on Criminal Justice.

A New York Police Department spokesperson pointed to crime statistics showing that there were more than 93,000 incidents of petty larceny through the end of October which is 29% higher compared to the same period two years ago but 5% lower compared to the same period last year.

Around one-third of all shoplifting arrests in the five boroughs last year involved just 327 people who were collectively arrested and re-arrested a total of more than 6,000 times, according to the NYPD.

These 327 alleged shoplifters targeted 18 department stores and seven chain pharmacy locations, which accounted for 20% of all complaints, the NYPD said.

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Trump picks Liberty Energy CEO and Oklo board member Chris Wright as Energy secretary

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Trump picks Liberty Energy CEO and Oklo board member Chris Wright as Energy secretary

US President-elect Donald Trump speaks during a meeting with House Republicans at the Hyatt Regency hotel in Washington, DC on November 13, 2024. 

Allison Robbert | AFP | Getty Images

President-elect Donald Trump on Saturday selected Liberty Energy CEO Chris Wright to serve as the next energy secretary of the United States.

Liberty Energy is an oilfield services company headquartered in Denver with a $2.7 billion market capitalization. The company’s stock gained nearly 9% on Nov. 6 after Trump won the U.S. presidential election, but its shares have since pulled back.

Wright serves on the board of Oklo, a nuclear power startup backed by OpenAI CEO Sam Altman that is developing micro reactors.

Wright will also serve on Trump’s Council of National Energy, the president-elect said Saturday. The council will be led by Trump’s pick for Interior Secretary, North Dakota Gov. Doug Burgum.

Wright has denied that climate change presents a global crisis that needs to be addressed through a transition away from fossil fuels.

“There is no climate crisis and we’re not in the midst of an energy transition either,” Wright said in a video posted on his LinkedIn page last year. “Humans and all complex life on earth is simply impossible without carbon dioxide. Hence the term carbon pollution is outrageous.”

“There is no such thing as clean energy or dirty energy,” Wright said. “All energy sources have impacts on the world both positive and negative.”

Trump described Wright as a “leading technologist and entrepreneur in the energy sector.”

“He has worked in Nuclear, Solar, Geothermal, and Oil and Gas,” the president-elect said in a statement Saturday.

“Most significantly, Chris was one of the pioneers who helped launch the American Shale Revolution that fueled American Energy Independence, and transformed the Global Energy Markets and Geopolitics,” Trump said.

Trump has vowed to increase fossil fuel production to reduce energy costs, though analysts and some oil executives have said the president has little influence on oil and natural gas output in the U.S.

The U.S. has produced more crude oil than any other country in history, including Russia and Saudi Arabia, since 2018, according to the Energy Information Administration.

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Politics

Saylor doubts $60K Bitcoin retrace, BTC ETF options, and more: Hodler’s Digest, Nov. 10 – 16

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Saylor doubts K Bitcoin retrace, BTC ETF options, and more: Hodler’s Digest, Nov. 10 – 16

Bitcoin trader eyes $100K price tag by Thanksgiving day in US, Bitcoin ETF options pass ‘second hurdle’: Hodlers Digest

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Politics

Ripple Labs and CEO come under fire amid rumors of a Trump meeting

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Ripple Labs and CEO come under fire amid rumors of a Trump meeting

Ripple’s native currency, XRP, surged by more than 17% on November 15, based on expectations of a friendlier regulatory climate in the US.

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