Retail Theft And Its Link To The Recession
Retail Theft And Its Link To The Recession
Retailers are telling the story that they are witnessing a distinct increase in shoplifting and violence which they claim is a direct result of the recession.
The latest crime study by the trade body the British Retail Consortium highlights retail thefts by customers rose by approximately thirty three percent between 2008 and 2009.
It makes outrageous reading that a shop theft takes place almost every minute of the day, twenty four hours a day, and is one reason why business experts are requesting that the police and those others who are in authority take retail theft more seriously.
Not only did this review show an increase in retail theft but more ominously, hostility against employees also rose and as a result shopkeepers are asking the police to do more to look after them and their stock.
It is said that twenty two thousand employees all over the country claim they have been under attack by customers and a spokesman for the British Retail Consortium states that the police and others in the criminal justice system do not take retail theft seriously enough.
The extensive survey conducted by the BRC covered sixty major stores, over a million staff members and represents approximately half the market.
Financially the monetary cost to the UK retail market of the half a million thefts equates to just over 1 billion GBP.
It has been suggested by industry experts that this figure could be quite modest, with the actual amount being twice as much because the reckoning is that not all the incidents are reported.
This is not a victimless crime and many people will try and persuade you otherwise but just keep in mind it will be the honest shopper who suffers the additional monetary costs whilst it is left to the unfortunate employee to bear the emotional and psychological cost that comes from the distress of an attack in their workplace.
Given the current financial and social climate you may be wondering if this situation like to resolve itself without any positive action being taken by the UK retail industry.
We would say no and our reasons for this are simple, the government is currently implementing the most aggressive spending cuts in history, as a result the police budgets are taking a hammering which in turn means they will have to prioritise their spending, therefore shoplifters will not feature heavily in their plans.
And you may find this exacerbated by those who are already feeling the effects of the recession and are getting steadily more desperate and develop a feeling that they need to do something drastic in their efforts to maintain a decent quality of living.
These members of the public could possibly have an indirect or direct effect on the retail sector as they may be the ones carrying out the shoplifting or they may have a practised thief steal to order, it does not matter which one it is as the overall result is the same.
The only way the retail sector is going to combat this situation is to realise that they have to see not just the short term but the long term picture and take a proactive stance and that includes bolstering their stores retail security; inclusive of hiring retail security officers, mobile guards, CCTV, etc.
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