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19/10/2010
Shoplifting Costs Run Into Billions
It has been revealed that, in the last year, shoplifters have cost UK stores a whopping £4.4 billion.
The research, accounting 42,000 shops across Europe, has found that more than a third of thefts were carried out by staff, with British workers the worst offenders.
Branded clothing is the most common target, but alcohol, meat, cheese, and even seafood are also proving popular items for thieves.
Over 12 months in the UK the survey, carried out by the Centre for Retail Research, found that an average of £12,054,794 worth of goods were stolen.
The total is 5.8% lower than in the previous 12 months at the height of the recession, however it is £700m up on the 2008 total.
Neil Matthews, of retail security company Checkpoint Systems, said: "While the amount stolen in the UK may well have gone down, that doesn't mean the overall impact on the general public is any less significant.
"Shoplifting results in a £180 financial burden on every family in the country and so there is a real social obligation on the retail industry to do everything it can to tackle retail crime."
Shops spent about £970m on increasing retail security last year, which is credited with contributing to the decrease in thefts.”
(BMcN)
The research, accounting 42,000 shops across Europe, has found that more than a third of thefts were carried out by staff, with British workers the worst offenders.
Branded clothing is the most common target, but alcohol, meat, cheese, and even seafood are also proving popular items for thieves.
Over 12 months in the UK the survey, carried out by the Centre for Retail Research, found that an average of £12,054,794 worth of goods were stolen.
The total is 5.8% lower than in the previous 12 months at the height of the recession, however it is £700m up on the 2008 total.
Neil Matthews, of retail security company Checkpoint Systems, said: "While the amount stolen in the UK may well have gone down, that doesn't mean the overall impact on the general public is any less significant.
"Shoplifting results in a £180 financial burden on every family in the country and so there is a real social obligation on the retail industry to do everything it can to tackle retail crime."
Shops spent about £970m on increasing retail security last year, which is credited with contributing to the decrease in thefts.”
(BMcN)
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UK shoplifting soars despite improved security
The British Retail Consortium's (BRC) 2006 Retail Crime Survey has revealed that shoplifting has soared by 70% since 2000. The survey, sponsored by ADT, shows crime cost retailers �2.1bn last year and �13.26bn since 2000. Over the same period the number of shoplifting incidents rose 70% despite the industry investing more than �4.
UK shoplifting soars despite improved security
The British Retail Consortium's (BRC) 2006 Retail Crime Survey has revealed that shoplifting has soared by 70% since 2000. The survey, sponsored by ADT, shows crime cost retailers �2.1bn last year and �13.26bn since 2000. Over the same period the number of shoplifting incidents rose 70% despite the industry investing more than �4.
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The strong surge in retail sales revealed in the latest figures from the Office of National Statistics (ONS) has fuelled speculation that another interest rate rise is imminent. According to the ONS figures retail sales in the UK leapt 0.6% in January, raising sales to 6.4% above that of the previous year.
Strong retail sales growth stokes interest rate hike
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15 April 2013
Poor Weather Affects Business Activity
Retailers and small businesses have said the poor weather in March has damaged business activity. The British Retail Consortium (BRC) added that the number of people visiting shops last month fell by 5.2% compared to a year ago.
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