Convenience Stores’ Losses Tripled
Monday, 13th February 2017 at 10:19amThe BBC News website reports that convenience stores’ losses from shoplifting tripled last year to hit a record high for the industry.
The Association of Convenience Stores (ACS) came up with total losses of £131m, based on estimates from 7,123 shops in England, Scotland and Wales.
Retailers say the police response is inadequate, with one store owner installing bicycle chains on fridges.
The ACS stated that, “It is possible that some companies have previously underestimated theft levels in their business,” adding, “a lot of businesses have seen their theft levels double.”
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