In 2024, the UK has seen a sharp increase in shoplifting cases, with reports indicating a 25% rise compared to the previous year. This surge has been felt across the board, from high street stores to local corner shops. In fact, recent studies estimate that UK retailers lost approximately £1.8 billion to shoplifting in 2023, […]
Petty theft; not a new phenomenon in the world of retail by any means – but something that is certainly on the rise in recent years. In fact, according to a recent article by The Economist, the UK has seen a 24% increase in petty theft in 2023 compared to 2022.
Every single hour, 220 shoplifting offenses take place in the UK, making it one of the most common causes of stock loss. In the last five years, the number of shoplifting offenses in England has risen by a quarter and now costs the retail industry more than £600m a year. Add to that the cost […]
