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People on web-boards always say this, but this is the case at all. I don't know where you get your information, but on private property (a store) that you willingly entered and engaged in business (where I am SURE they have documents that say: if you enter our store and move merchandise around or buy things we can reasonably search your things), you can legally be searched by that private entity within reason.

http://legallad.quickanddirtytips.com/store-security-and-your-rights.aspx

Note this is NOT the case for the police on a street corner / public area, in which case your statements are essentially correct.