Retail executives address string of retail thefts in earnings calls

Retail theft, shrinkage, smash and grab robberies — the different names of the phenomenon overtaking big-box retail stores. Retailers like Home Depot (HD) and Nordstrom (JWN) are falling victim to a wave of retail thefts that are making off with hundreds of thousands of dollars in a single day. Target (TGT) previously forecasted expected losses of $500 million of merchandise through cases of retail shrinkage. Yahoo Finance Reporter Brooke DiPalma details how retail executives and experts are addressing the economic and community impacts of these crimes as part of the weekly series "Retail Evolution: The New Era."