|
Tuesday, 13 January 2009 00:00 |
|
RETAIL CRIME IN THE UK
UK FIGURES FOR 2006
|
Retail shrinkage in the UK rose from 1.33% to 1.34% in line with results in many other European countries. In 2000, it had been 1.77% of turnover. in 2002 to 1.33% in 2006.
'Shrinkage' measures stockloss caused by crime, waste and error.
|

|
The Costs of Crime: These were the overall 2006 crime costs of UK retailers:
| Customer theft |
£1877 M |
|
| Employee theft |
£1082 M |
| Supplier fraud |
£265 M |
| Card fraud |
£61 M |
| Robbery/burglary |
£20 M |
| Error and waste |
£614 M |
|
Security and loss prevention
|
£772 M |
The total UK costs of retail crime consist of the losses from thefts by customers, staff and suppliers, and the costs of security.
Costs of Retail Crime £3,997 million |
|