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Shoplifting at record level in the UK - Sports Insight Magazine

Shock Absorber Flexi-wire sports bra :: Click here for more info.

Sports Insight

www.sports-insight.co.uk

Latest News:

STAG February news update Wiggle to roll out 360 spin imaging across full product range following significant sales uplift Helly Hansen launches new trail running shoe Nike explores waterless dyeing with new partnership Sports Insight Feb 2012 Digital Issue New US distributor for Unicorn Darts Liam Burns appointed chairman of the Federation of Sports and Play Associations John Steele appointed Youth Sport Trust chief executive Helly Hansen launches new training collection Grays becomes official equipment and clothing supplier to international governing body for hockey Arena renews National Swimming League sponsorship agreement ISPO MUNICH attracts close to 80,000 people ASICS increases European sales by 13.2 per cent Under Armour revenues for 2011 top $1.47 billion BPF throws its weight behind campaign to halt ‘damaging’ business rate hike Nigel de Jong signs partnership deal with PUMA Independent sports shop recognised for retail excellence Aqua Sphere to be official swim kit partner to British Gas Great Swim Series 2012 Signs of recovery Helly Hansen Odin range Saucony sponsors Cambridge Half Marathon Warrior Sports and Liverpool FC agree six-year kit deal INTERSPORT show success Greg Rusedski joins MANTIS as brand ambassador British Property Federation: landlords will have to think hard about any Blacks lease concessions Do you need advice from the Queen Of Shops? JD Sports’ Christmas sales increase 1.6 per cent Sports Insight Jan 2012 Digital Issue ASICS agrees multi-year contract with Samantha Stosur Sports Direct calls for OFT investigation following Blacks sale Uhlsport UK’s revenues grow for second successive year JD Sports buys Blacks for £20 million Jakabel’s full-colour 2012 catalogue now available JJB reports increase in Christmas sales, but overall sales are still on the slide DW SPORTS and INTERSPORT sponsor Premier League football Nominate your npower Fan of the Year GFORCE makes magical memories with ‘Leavers Hoodie’ Submit your application for the Business Honours Club annual industry awards Activinstinct enjoys significant sales rise as shoppers go online for Christmas Hundreds of local community sports groups receive Olympic legacy funding NIKE revenues and income rise, but margins are squeezed due to higher production costs Crewroom makes waves in the charity sector with a trio of high profile deals adidas and UEFA extend partnership agreement Zaggora Hotpants help women maximise their workouts Sports Direct will not make a bid for Blacks VIVOBAREFOOT opens pop-up store in central London Fast growing UK sports retailer launches German website Olympic legacy creating companies offered places within the prestigious Business Honours Club Study reveals fall in young people and women playing sport Boaz Myhill named as first Football League Precision Goalkeeping Golden Glove winner Two lucky INTERSPORT customers win adiPower Predators signed by Xavi ASICS wins ‘Best New Retail Concept 2011’ at MAPIC Awards Four-minute limit before online retail abandonment Ektio shoes save forward Bruce Lauder’s season Gilbert and Scottish Rugby confirm long-term equipment deal Youth Sport Direct to support businesses in the run-up to London 2012 Ektio The Revolution Sports Insight offers new bespoke photography service TECNOpro Safine Prestige ski wins prestigious Palme Award adidas and the British Olympic Association extend sponsorship and licensing deal Mitre and Ipswich Town agree partnership extension MBT appoints new managing director for the UK and Ireland Li-Ning joins Greenpeace’s Detox campaign ASICS GT-2160 wins Runner’s World 2011 International Editor’s Choice award Feet first Mobile device retail traffic to triple during UK Christmas season Ektio shoes receive rave review Spalding announces new UK partner INTERSPORT sponsors European table tennis Young hockey umpire has the GFORCE Get your free body composition assessment at The STAG Buying Show Ektio ‘The Revolution’ Sports Insight - Nov/Dec 2011 Digital Issue ASICS appoints UK sales director Manu Tuilagi becomes face of OPRO Mouthguards Lotto FW12 football collection Ektio ‘The Revolution’ PUMA offers paid internships to University of Brighton students adidas sites hit by cyber-attack Precision Goalkeeping launches award for Football League keepers P2i to aid fundraising of £10,000 for Help for Heroes charity Women’s sport continues to miss out on big deals adidas to buy outdoor specialist Five Ten Aqua Sphere launches compression swimwear range Personalise even more Apples Ektio ‘The Revolution’ 2XU Compression unveils new PWX fabric technology JJB’s loses widen to £66.5 million Ektio launches new sports performance shoe SKECHERS’ third quarter sales slump 25.7 per cent Under Armour tops $1 billion as third quarter revenues rise 42% PUMA posts strong third quarter sales McDavid’s Tom Court makes appearance at STAG’s All Ireland Buying Show Knock-on effect Ronhill sponsored teams win national athletics titles Mizuno partners with British Volleyball Federation Sales and profits show no sign of slowing at Sports Direct INTERSPORT, ASICS and Back to Netball - A match made in heaven STAG supplier Jakabel has all your swim needs covered Petron announces INTERSPORT winners Horncastle Cricket Club bowled over by new GFORCE kit
rss

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View Story

Shoplifting at record level in the UK

By: Jeff James

Listed Under: Top Story

Published: Tuesday, November 10, 2009

Consumers unwilling to give up their luxury lifestyles in the recession are fuelling retail crime, according to the 2009 Global Retail Theft Barometer published today (November 10) by security and merchandising specialist, Checkpoint Systems.

Shoplifting has surged in the past 12 months, increasing by nearly 20 per cent across the UK high street and topping £4.88billion for the first time.

The annual study conducted for Checkpoint Systems by The Centre for Retail Research shows that over £750million more items were stolen than in the same period in 2008, reaffirming the UK’s position at the top of the retail crime league table in Europe for yet another year, ahead of Germany and France.

With an average shoplifting ‘bill’ of £80.31, it is no surprise that expensive branded goods were top of thieves’ shopping lists this year. Clothing and fashion accessory stores saw one of the highest increases, with shoplifting jumping some 8.8 per cent to now account for 1.85 per cent of total sales, with branded and designer clothing, football shirts, lingerie and leather items featuring high on our thieves’ wish lists.

This is followed closely by DIY and hardware outlets up four per cent to 1.82 per cent of sales, where high-ticket items such as power tools are a firm favourite with light-fingered customers; and speciality food and convenience stores, up 8.4 per cent to now account for 1.8 per cent of sales, with cooked and fresh meat, cheese, seafood and fish, and alcohol all featuring strongly on the most stolen list.

“The UK’s retail industry has seen its largest ever increase in shoplifting over the last 12 months, and it comes at a time when the industry can least afford it,” says Neil Matthews, vice president of Checkpoint Systems NCE.

“But what is perhaps as surprising as the figures themselves is that we are not simply looking at your traditional shoplifters here. We are seeing more instances of amateur thieves stealing goods for their own personal use rather than to sell on than before.

“This is epitomised in the recent uprising of the middle-class shoplifter, someone who has turned to theft to sustain their standard of living, and this is driving theft of items such as cosmetics, perfumes and face creams, alcohol, fresh meat, mobile phones, computer games and DVDs, as well as small electrical goods like cameras, iPods and personal care gadgets.”

This year’s report - the largest of its kind surveying over 1,000 retailers worldwide - also highlights that while external theft (opportunistic shoplifters and organised gangs) represents the most common source of theft, accounting for 43.5 per cent of all stock going missing, employee theft is also on the rise. This is a worrying trend as these ‘silent shoplifters’ from within are more prolific than external thieves, and account for an average loss of £1,585.66 per incident.

The UK ranks the second worst in Western Europe (behind Ireland), with 36.4 per cent of all loss down to dishonest employees - and this looks set to continue over the festive period as retailers take on large numbers of temporary staff in the run-up to Christmas.

Over the past 12 months, UK retailers have invested £926million in an attempt to combat shoplifting. However, with nearly a third of merchandise still unprotected, shopkeepers are offering an open invitation for consumers to steal from their outlets. And it is this complacency that has seen the UK retail industry spend an equivalent of just 0.26 per cent of sales on security measures in the past year - lower than the majority of its European counterparts.

Matthews says: “Loss from retail crime is often viewed as simply a cost of doing business. But as the report clearly demonstrates, the social and economic impact of turning a blind eye is immense, especially in these tough economic times.

“Retailers simply cannot afford to ignore this problem, it is not going to go away and is the equivalent of criminals taxing every UK household £227 per year.”

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