Homepage
Documents
Events
Good practice
Links
News
Organisations
Places
Free Weekly eNews
About us
Contact
Our correspondents






Search CRP News by keyword or phrase:
If you have any news, opinions or suggestions which you would like to offer to the publishers of CRP News, please click here to email the Editor. We value your contribution.
All editorial content © CRP News, published by CRP Publications Ltd, Suite 210 91 Western Road, Brighton BN1 2LB

News - 5 December 2012

Shoplifting and fraud could cost UK retailers £1bn over Christmas

According to a new report by the Centre for Retail Research and Checkpoint Systems, UK retailers are expected to lose £1bn over Christmas as a result of shoplifting, dishonest employees and vendor or distribution losses. It reveals that the losses incurred by the retail industry over this period could add an extra £38.09 to each UK family’s shopping bill.

The report found that UK retailers could lose £522m through shoplifting, £431m through employee theft, and £47m through vendor and distribution losses. In total, the losses could represent a 3.4% increase over the same period last year.

Professor Joshua Bamfield, director of the Centre for Retail Research and author of the report, said: “The Christmas season is an especially attractive time for criminals. Thieves take advantage of busy stores to steal high-value, high-demand goods. As a result, retailers face a big threat from professional and semi-professional thieves, many of whom steal goods with the intention of re-selling them.

Organised retail crime is a major concern for retailers – especially since the average amount stolen per incident is much higher than ‘normal’ thefts.”

More on this story from Talking Retail, here

Report can be found here


Read related items on:
Research
Shoplifting and theft

   

Events
. . . . . . . . . . . . . . . . . . .
Midlands - 3 February 2015, Nottingham
South - 15 April 2015, Bristol
North - 9 July 2015, Newcastle
London - 28 October 2015, Heathrow

Professional Security TWENTY 15
Security TWENTY Conferences are aimed at end users, purchasers and those who specify security products and will update attendees on the latest developments in the security industry. The aim is to get the key people into the room and share knowledge that would take you hours to read up and work out for yourselves.... More
. . . . . . . . . . . . . . . . . . .
24 February 2015

Time: 11:30-15:00 

Place: 72 Boston Road, Beaumont Leys, Leicester

Neighbourhood & Home Watch Regional Representatives Group Meeting
Neighbourhood & Home Watch Regional Representatives from across England & Wales will be attending a meeting with NHWN staff and trustees in Leicester.... More
. . . . . . . . . . . . . . . . . . .
16th-17th March 2015
Total Security Summit
The Total Security Summit brings together security professionals and key industry solution providers to discuss the latest technologies and innovations in focused face to face meetings and networking opportunities over the course of two days.... More
. . . . . . . . . . . . . . . . . . .
14 - 15 April 2015
Interpol World
Interpol World is a new biennial international security event owned by Interpol and supported by the Singapore Ministry of Home Affairs that will showcase innovation, potential and joint achievements among the public and private sectors in the security arena.... More
. . . . . . . . . . . . . . . . . . .