Organized Retail Crime tops the retail agenda
News and notes from around the State Capitol
News and Notes from Around the State

  • Without a doubt, one of the biggest issues facing retailers today is the tremendous increase in Organized Retail Crime (ORC). 
  • ORC has grown exponentially in recent years, resulting in greater losses for retailers and increased safety concerns for store employees.
  • According to a recent National Retail Federation Security Survey, inventory loss – two-thirds of which is from retail crime – accounted for over $112 billion in losses in 2022, up from $93 billion in 2021. 
  • You can learn more about that survey by going here
  • At CRN, we recognize the importance of this issue for retailers in Connecticut, and will work on ways that we can raise the profile of the issue with key legislators and elected officials, to find ways to combat it. 
  • Next week, we will be holding a special legislative committee meeting to begin that process. 
  • If you would like to join that meeting, please email CRN President Tim Phelan at tim@ctretailnetwork.com today and he will send you the information about the Zoom meeting. 

 

News and notes from around the State Capitol

  • Connecticut joined 32 states this week in suing Meta Platforms Inc. in a wide-ranging lawsuit charging that the company harms the mental health of young people.  The Hartford Courant has the details here
  • A new legislative panel began an effort this week to identify ways to eliminate the regressive and widely disparate motor vehicle property tax and replace the revenue which Connecticut towns and cities rely on to run municipal governments.  Details here from CTNewsJunkie. 
  • The Connecticut League of Conservation Voters graded individual lawmakers on their environmental voting records in an annual scorecard, and gave the legislature a disappointing “C-” overall  based on its failure to act on climate policies.  Details reported by CTNewsJunkie here.
  • Attorneys for Bridgeport mayoral candidate John Gomes argued in a legal brief Wednesday that a Superior Court judge had adequate evidence of absentee ballot fraud to overturn his September primary loss to Democratic Mayor Joe Ganim.  CTNewsJunkie has an update here.
  • State officials including Lt. Gov. Susan Bysiewicz and gun safety advocates conducted a press conference Thursday outside of the Connecticut State Capitol to raise awareness about a gun buyback program scheduled for Saturday.  CT Mirror has the details here.

 

News and Notes from Around the State

  • Walgreens and Hartford HealthCare are collaborating on the creation of retail health clinics within Walgreens locations across Connecticut.  Fairfield County Business Journal reports on the collaboration here
  • The Subway restaurant brands officially opened the second of its two headquarters in Shelton.  The new office replaces the company’s longtime headquarters in Milford.  Details here from Fairfield County Business Journal.  
  • A frozen food delivery service will cease operating in Connecticut, closing its North Windham facility and laying off five employees, according to a filing with the state Department of Labor.  Hartford Business Journal reports on the details here
  • New London is the site of a new Regional Innovation Center, an incubator that aims to nurture startup businesses from around the southeast region and further.  The Hartford Courant reports on the plans here.  
  • Connecticut high school seniors in the top 30% of their graduating class are now eligible to gain automatic admission to in-state colleges and universities.  That news is reported by CT Public here
  • AAA is estimating Connecticut gas prices at $3.65 a gallon, down 5 cents in the past week and 21 cents from a month earlier.  Connecticut Post reports on the latest numbers here.
  • Hartford hosted the city’s first Small Business Conference this week.  WTNH News 8 reports on the conference here
  • A holiday movie filmed in Mystic premieres on the Hallmark Channel this weekend.  Details from WFSB Channel 3 here.
  • Two stadiums in the news… The city of Hartford has reached a tentative $9.9 million settlement to end a legal challenge that has held up construction around the Dunkin’ minor league baseball stadium.  And the Capital Region Development Authority plans to tap $12 million through the state Bond Commission to begin repairs to Pratt & Whitney Stadium in East Hartford.   Hartford Business Journal has those stories, here and here.