LOUISVILLE, Ky (WDRB) - Retail theft in Kentucky is soaring — up 30% from last year — and it's costing businesses billions.

According to the Kentucky Retail Federation, stores lost an estimated $2 billion to theft in 2023, double the $990 million reported in 2022. Now, Attorney General Russell Coleman is launching a new statewide retail theft task force to take on what he calls ā€œorganized crime operationsā€ targeting stores across the Commonwealth.

ā€œWhat we’re seeing right now in law enforcement — it’s like every bad science fiction movie we saw growing up coming true,ā€ Coleman said. ā€œIt’s group-driven, profit-driven, and powered by technology.ā€

Law enforcement officials say these theft rings range from small groups stealing merchandise to large, organized networks exploiting technology and gift card systems. Last summer, four men — believed to be Chinese nationals — were arrested and later convicted for stealing millions through fraudulent gift card schemes. Police have also investigated smash-and-grab operations at several big-box hardware stores.

St. Matthews Police Chief Barry Wilkerson said the growing trend is taking a serious economic toll.

ā€œWe are seeing a huge economic impact, and I think that’s why General Coleman is specifically spearheading this initiative,ā€ Wilkerson said.

The new task force will coordinate with local police departments and Commonwealth’s Attorneys across Kentucky to share intelligence and target criminal networks.

Officials warn retail theft isn’t a victimless crime — when stores close due to repeated losses, it can cost jobs and create ā€œfood desertsā€ in already struggling neighborhoods.

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