San Francisco hardware store owned by same family since 1955 has lost staggering $700,000 in a single year to ‘organized shoplifting.’

• • Dale Hardware’s owner Kyle Smith described the helpless situation in Fremont
  • Surveillance footage from various days last year show a number of people brazenly walking out of the store holding stolen tools
  • The thefts come as the Bay Area and rest of US deal with a spike in thefts – totaling nearly $100 billion in losses