Inflation pinching Britain’s shoplifters?
October 18th, 2011 - 6:58 pm ICT by IANSLondon, Oct 18 (IANS) In Britain, it seems even shoplifters are feeling the inflationary squeeze, as figures have revealed that over the past year, thieves have increasingly opted to steal items of day-to-day use such as toothpaste.
Even meat and seafood was pinched alongside iPods, smart phones, laptops and computer games, the Daiy Express reported.
On an average, each thief stole goods worth an estimated 79 pounds ($124) - often items they could sell on. Their crimes cost high street retailers, struggling to beat the recession, five billion pounds last year.
According to security troubleshooter Centre for Retail Research, the overall figure, including shoplifting, fraud, organised crime and administrative errors, is up 6.2 percent over the past 12 months.
“High losses are experienced by a relatively small number of products, particularly if recently launched and in great demand. Loss among food lines has shot up,” said Centre for Retail Research’s vice president Neil Matthews.
- Christmas crime spree to cost shops 1 bn pounds - Dec 03, 2011
- 'Stupid' burglar posts pic of self taken with stolen laptop on owner's Facebook page - Dec 16, 2010
- Laptop thief mails his victim an USB stick with all the backed up data - Oct 19, 2010
- Laptop Thief Returns Important Contents On USB Stick - Oct 21, 2010
- Well-off Brit girls go shoplifting with designer 'shopping list' - Feb 16, 2011
- Cheryl Tweedy 'fears sex texts to will.i.am could be in hands of thieves' - Jun 25, 2010
- Guide on how to shoplift by Brit university newspaper angers retailers - Feb 22, 2011
- Keira Knightley's home burgled - Nov 03, 2010
- Mom challenges family to unplug for 6 months - Jan 21, 2011
- Apple unveils MacBook Air - thinnest, lightest laptop - Oct 21, 2010
- British kids carry modern gadgets to school - Sep 01, 2011
- Gen Y not keen on saving energy: Study - May 06, 2012
- Jordan accused of iPod rip-off - Sep 04, 2010
- It pays to be a thief in Canada! - Oct 08, 2010
- Woman, 52, charged over '$100K shoplifting spree'! - Apr 27, 2010
Tags: 12 months, administrative errors, computer games, crimes, five billion, food lines, inflation, laptops, neil matthews, recession, retail research, shoplifters, shoplifting, smart phones, squeeze, street retailers, thief, thieves, toothpaste, troubleshooter