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Market Impact: 0.15

NSLC says alcohol thefts have spiked since start of pandemic

Pandemic & Health EventsConsumer Demand & RetailLegal & Litigation

NSLC reports alcohol thefts have spiked since the start of the COVID-19 pandemic, with incidents typically involving multiple bottles stolen at once. A recent RCMP bust shows some stolen product is being diverted and distributed, highlighting increased shrink, potential organized theft channels and higher security or compliance costs for retailers and provincial liquor outlets.

Analysis

NSLC reports alcohol thefts have spiked since the start of the COVID-19 pandemic, with incidents typically involving multiple bottles stolen at once. A recent RCMP bust shows some stolen product is being diverted and distributed, highlighting increased shrink, potential organized theft channels and higher security or compliance costs for retailers and provincial liquor outlets.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.20