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FILE - Gus Promollo puts an order in a customer's trunk at Dick's Sporting Goods on May 18, 2020, in Paramus, N.J. Dick's Sporting Goods profit slipped in its second quarter and missed Wall Street's expectations as the retailer cut its full-year profit outlook, citing worries over theft at its stores. (AP Photo/Seth Wenig, File)
FILE – Gus Promollo puts an order in a customer’s trunk at Dick’s Sporting Goods on May 18, 2020, in Paramus, N.J. Dick’s Sporting Goods profit slipped in its second quarter and missed Wall Street’s expectations as the retailer cut its full-year profit outlook, citing worries over theft at its stores. (AP Photo/Seth Wenig, File)
Rick Sobey
UPDATED:

With Dick's Sporting Goods on Tuesday saying rampant theft is seriously impacting its bottom line, a leading retail advocate for Massachusetts estimated that local businesses are losing about $2 billion a year to "organized criminal theft activity."

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