I can tell you that losing $1000 a day is no exaggeration. Besides the petty theft (candy bars, cereal), they'll steal beauty products, over the counter medicine, health aids - anything that isn't locked in a case. The only time they get prosecuted in Seattle is if the store can document repeat cases with the same suspect(s), and show they've lost over a certain amount (it varies from $2000 to $10,000+).

Shoplifting stats are not accurate - there are at least two national chains in our shopping center that only report theft internally, to the ridiculous extreme that when a known shoplifter walked out of a store I was walking by, I asked the employee, "Did that guy just steal?" The answer was, "I can't say."