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News - 19 October 2010
UK shoplifting costs £4.4bn a year
Retailers say the UK has one of the worst shoplifting records in the world according to a survey which estimates that over £12m of goods are stolen every day in the UK.
Shoplifters cost UK stores £4.4bn in the year to the end of June, according to a survey of 42,000 European retailers conducted by the Centre for Retail Research. The total cost was 5.8% lower than the previous year, but theft adds about £180 to the average family's annual shopping bill.
Branded clothing is the most common target, but meat, cheese, alcohol and seafood are also often taken. And one third of all shop theft is internal 'shrinkage' - the work of retailer's own employees
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