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H&M Is Hiring More Security as Shoplifting Rises in US

H&M’s Quarterly Sales Stagnate as It Feels Heat of Competition

H&M’s chief executive officer Helena Helmersson said on Wednesday shoplifting has been a particular problem in the US, and the world’s No. 2 fashion retailer is looking at taking steps such as increasing security in its stores.

“What is standing out is … the US,” she told Reuters in an interview, adding that retail theft is an industry-wide issue.

Her comments come after the company’s chief financial officer said that shoplifting…


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