Compared to many other industries, retail is known for having particularly thin profit margins, and this has only been exacerbated in recent months by the rising cost of doing business coupled with declining consumer spend.  Another factor that is putting pressure on retail margins lately is theft. Data collected by Capital One Shopping disclosed that shoplifting losses grew 19.4 per cent in 2022 compared to the previous year and theft losses increased by 10.5 per cent year on year.&nb