The Macy’s emblem is seen at its retailer in Herald Sq. in New York Metropolis on Jan. 19, 2024.
Michael M. Santiago | Getty Photos
A New York magnificence retailer simply blocks away from the Empire State Constructing resold greater than $1 million price of products that’ had been stolen from Macy’s and a slew of different retailers, authorities stated Wednesday.
Two New Yorkers have been charged with possessing greater than $1 million in stolen items and reselling them by way of their enterprise, Rehana’s Cosmetics, a fragrance and cosmetics retailer in Midtown Manhattan, the borough’s district lawyer Alvin Bragg stated at a press convention.
About $212,000 of the merchandise was stolen from Macy’s, whereas the remaining got here from CVS, Ceremony Help, Walgreens and Walgreens-owned Duane Reade, Ulta, Victoria’s Secret, Bathtub & Physique Works and the NHL Store, Bragg stated.
“By way of our investigation, we discovered that Rehana’s Cosmetics was well-known to shoplifters, who would willingly convey them stolen objects,” Bragg stated. “We allege that created a motive for shoplifters to steal, and thus that the defendants, we allege, have been drivers of crime.”
Manhattan District Legal professional Alvin Bragg introduced an indictment referring to greater than $1 million in stolen items as a part of a retail theft fencing operation.
Courtesy: Manhattan District Legal professional’s Workplace
Rehana’s Cosmetics, Bragg alleged, claimed to be a “magnificence and fragrance retailer,” however was as a substitute discovered to have a whole bunch of containers crammed with merchandise not sometimes discovered at such shops, together with designer purses, over-the-counter medicines, kitchenware and extra. He stated the defendants obtained the stolen objects from shoplifters for the aim of reselling.
“The foundation trigger we allege right here is greed,” Bragg stated. “They have been doing this to generate profits. That is the motive that’s outdated as time.”
The costs come as retailers comparable to Goal and Ulta more and more cite theft as a rising downside at their shops. In March, a monthslong CNBC investigation confirmed how police broke up an organized retail crime ring that stole tens of millions in cosmetics from Ulta shops and resold them on Amazon.
Whereas Bragg was unable to offer a selected quantity when requested what number of shops are believed to be participating in comparable operations, he famous that there have been “far too many assaults” on workers at shops which have skilled theft.
“Through the use of a multi-pronged prosecution technique, we are able to make an enduring dent in retail theft that may hold our retailer workers secure, minimize off the incentives to steal and resell stolen items and permit our retail sector to thrive,” he stated.
In a press release to CNBC, a Macy’s spokesperson stated, “We admire the work of regulation enforcement and the Manhattan District Legal professional’s Workplace and defer any feedback concerning the case to them.”
A spokesperson for CVS stated the pharmacy is “grateful” for the work of the Manhattan District Legal professional’s workplace.
Manhattan District Legal professional Alvin Bragg introduced an indictment referring to greater than $1 million in stolen items as a part of a retail theft fencing operation.
Courtesy: Manhattan District Legal professional’s Workplace
“Our partnerships with regulation enforcement are integral to our efforts to forestall organized retail crime (ORC) rings from stealing after which promoting stolen items on-line. We stay up for persevering with our sturdy partnership with the DA’s Workplace as we work to fight ORC throughout New York Metropolis,” the spokesperson stated.
A Walgreens spokesperson advised CNBC earlier this 12 months that the chain is taking steps to “safely deter theft” and “ship the very best affected person and buyer expertise.”
The opposite retailers alleged to have stolen items included within the bust didn’t instantly reply to CNBC’s request for remark.
