Blog: Shoplifters add to retail gloom

Joe Ayling | 19 October 2010

Already facing weak consumer spending, higher sourcing costs and an imminent rise in VAT, retailers in the UK were robbed of GBP4.4bn (US$6.9bn) by shoplifters last year, it has been reported.

It will be a depressing stat for high street bosses, with clothing, children's wear and lingerie making up the bulk of that figure.

Perhaps more disappointing is that theft by shop workers comprised a third of this figure, up 37% on the previous year.

The average haul per crime was GBP93, the BBC reported, showing that the effects of a recession can be far reaching, much like the CCTV stars below.

Shoplifting costs UK stores more than £4bn


BLOG

Trump and Brexit generate more confusion

Over the past month, Donald Trump and his team failed to offer any clear plan to ensure Americans would "Buy American, Hire American" - while the British government's attempts to clarify the specifics...

BLOG

Bangladesh works to resolve labour activist issues

The Bangladesh government was forced to respond late last week to pressure over its crackdown on labour activists after a number of global brands and retailers, including H&M and Inditex announced pla...

BLOG

US border tax a contentious issue

Fresh from their disappointment at seeing the Trans-Pacific Partnership (TPP) free trade deal abandoned last month with an executive order by President Donald Trump, the US apparel and footwear sector...

BLOG

Primark's sustainable cotton programme takes shape

With the ultimate aim of ensuring all the cotton in its products is sourced sustainably, value clothing retailer Primark is adamant that having a business model focused on offering the lowest prices o...

just-style homepage



Forgot your password?