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- Aug 27, 2010
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As the economy worsens, more people become criminals to survive, and more police are laid off in budget cuts, causing more crimes. It is a revolving circle.
PRESS RELEASE
Sept 4 2010
Over 1 Million Shoplifters Apprehended in 2009 by Just 25 Major Retailers
According to 22nd Annual Retail Theft Survey by Jack L. Hayes International
Wesley Chapel, FL.
Shoplifters and dishonest employees stole over $6.0 billion in 2009 from just 25 major retailers, according to the 22nd Annual Retail Theft Survey conducted by Jack L. Hayes International, the leading loss prevention and inventory shrinkage control consulting firm.
These 25 surveyed retailers apprehended over 1 million shoplifters and dishonest employees in 2009 and recovered more than $163 million from these thieves.
Total shoplifter and dishonest employee apprehensions increased for the 4th consecutive year, up almost 15% from the previous year, said Mark R. Doyle, President of Jack L. Hayes International.
Surveyed retailers made over 1 million shoplifting apprehensions in 2009, up almost 17% from 2008. However, the apprehension of dishonest employees decreased 9% in 2009, after being up the previous 5 years.
It appears the poor economy had a hand in both an increase in shoplifting and a decrease in employee theft. Shoplifting apprehensions appear to have increased due to the hard times many people were having and less employees on the sales floor to prevent shoplifting. Employee apprehensions decreased in 2009 due to fewer new hires, less employees overall, and some employees being afraid to lose their jobs. Mr. Doyle added, Retail theft continues to steal profits from retailers bottom-line profits, which is driving consumer prices higher and can force companies to close unprofitable stores.
loss prevention PRIVATE OFFICER NEWS NETWORK
PRESS RELEASE
Sept 4 2010
Over 1 Million Shoplifters Apprehended in 2009 by Just 25 Major Retailers
According to 22nd Annual Retail Theft Survey by Jack L. Hayes International
Wesley Chapel, FL.
Shoplifters and dishonest employees stole over $6.0 billion in 2009 from just 25 major retailers, according to the 22nd Annual Retail Theft Survey conducted by Jack L. Hayes International, the leading loss prevention and inventory shrinkage control consulting firm.
These 25 surveyed retailers apprehended over 1 million shoplifters and dishonest employees in 2009 and recovered more than $163 million from these thieves.
Total shoplifter and dishonest employee apprehensions increased for the 4th consecutive year, up almost 15% from the previous year, said Mark R. Doyle, President of Jack L. Hayes International.
Surveyed retailers made over 1 million shoplifting apprehensions in 2009, up almost 17% from 2008. However, the apprehension of dishonest employees decreased 9% in 2009, after being up the previous 5 years.
It appears the poor economy had a hand in both an increase in shoplifting and a decrease in employee theft. Shoplifting apprehensions appear to have increased due to the hard times many people were having and less employees on the sales floor to prevent shoplifting. Employee apprehensions decreased in 2009 due to fewer new hires, less employees overall, and some employees being afraid to lose their jobs. Mr. Doyle added, Retail theft continues to steal profits from retailers bottom-line profits, which is driving consumer prices higher and can force companies to close unprofitable stores.
loss prevention PRIVATE OFFICER NEWS NETWORK
