- Sep 4, 2005
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Philadelphia retailers ransacked for a second night
Roving groups of young people broke into retail stores in Philadelphia and grabbed merchandise in the early hours on Thursday, as a beefed-up police presence failed to bring a halt to a looting spree that began the previous night.
www.reuters.com
Sept 28 (Reuters) - Roving groups of young people broke into retail stores in Philadelphia and grabbed merchandise in the early hours on Thursday, as a beefed-up police presence failed to bring a halt to a looting spree that began the previous night.
The two-night rampage, which resulted in dozens of arrests on Tuesday and Wednesday, targeted an auto dealership, an Apple (AAPL.O) electronics store, liquor stores and other retailers. The break-ins prompted all state-run liquor stores in the city to close indefinitely on Wednesday, according to local news reports.
Philadelphia's looting spree comes amid a nationwide surge in organized retail crime, compounding the financial losses that big box U.S. retailers are experiencing as a result of weakening consumer demand, according to the National Retail Federation (NRF) trade group.