With the busiest retail shopping day of the year just over a week away, retailers and shoppers are hoping for an enjoyable holiday season. But the nation's weakened economy has many law enforcement officials forecasting increased shoplifting and theft – crimes that could lead to lower profits for retailers and higher prices and limited selection for consumers.
Adding to the problem are fewer security and sales associates on the lookout for suspicious shoppers. Because of this, retailers are expected to rely heavily on sophisticated anti-theft technology, such as tags and smart cameras, to help catch and deter shoplifters.