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Stock impact report

Florida authorities arrest 7 people in major retail theft ring, recovering over $900,000 in stolen goods [CBS News]

Macy's Inc (M) 
Last macy's inc earnings: 2/25 06:55 am Check Earnings Report
US:NYSE Investor Relations: macysinc.com/ir
Company Research Source: CBS News
the investigation leading to more than $900,000 worth of stolen merchandise recovered. Seven people have been arrested in Martin County, including at least one individual from Hialeah. They are being held in the Martin County jail and face several charges, including conspiracy to commit racketeering, dealing in stolen property and organized retail theft. According to the Attorney General's office, the multi-agency investigation began in November 2024. The investigation revealed that shoplifters, known as "boosters," targeted major retailers like CVS, Walgreens, Publix, Burlington, Macy's and Ulta stores across 12 different counties. The thieves would fill bags with stolen health and beauty products. Investigators state the stolen goods were then sold to Naychel Jerez, who lives in Hialeah. Jerez would subsequently sell the merchandise on Facebook Marketplace and OfferUp. Attorney General Uthmeier stressed the impact of the crime on consumers and businesses. "It's not a victiml Show less Read more
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