UK Retailers Lose £800m To Shoplifters

Friday, 6th November 2015 at 11:28am

Shocking news from the Retail Times, as it reveals that UK retailers lost more than £800 million to shoplifting in 2014.

Small items, as well as items with a high resale value, were again among the most stolen, with fashion accessories, power tools, mobile device accessories, wine and spirits, and razor blades top of shoplifters’ ‘wishlists’.

The study detailed in the annual Global Retail Theft Barometer, saw shoplifting accounting for 26% of all inventory loss, while retailers saw £770m stolen by employees and a further £300m lost as a result of supplier errors.

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