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

New project to benefit garment workers in Ethiopia

The growing interest of international brands to source garments from Ethiopia provides an opportunity to develop the sector in a sustainable way, the founders of a new project in the country say. Laun...

BLOG

Mexico tariff move "unfathomable" and "concerning"

In a surprise move late last week, the US announced new tariffs on all imports from Mexico – starting next Monday (10 June). The tariffs are in response to the flow of migrants crossing from Mexico in...

BLOG

Major brands urge Trump to pull footwear from tariff list

A coalition of 173 US footwear brands, including Nike and Adidas, is urging US President Donald Trump to remove footwear from the proposed tariffs list on goods imported from China, saying it would be...

BLOG

Trump moves forward on tariff threats

The ongoing tariff war between the US and China took another turn last week in a move US apparel and footwear retailers and importers have been dreading, as the Trump administration moved forward on t...

just-style homepage



Forgot your password?