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News & Events

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News & Events

31st December 2012

The cost of crime rose significantly again last year, rising by 15.6 per cent, to an overall cost of £1.6 billion - according to the latest BRC Retail Crime Survey.

The number of incidents has also risen in the majority of offences, with the exception of robbery, which has remained stable and violence against staff, which has reduced by 55 per cent when compared to the previous year.

Customer theft continues to be the most prevalent when looking at the number of incidents, however, e-crime now equates to the most costly type of crime affecting the sector.

Retailers continue to invest significantly to protect their businesses, staff and customers against crime and anti-social behaviour. Expenditure on crime and loss prevention had risen by 7.1 per cent when compared with the previous year with a median expenditure of £750,000 per retailer.

Despite the increase in the number of incidents and overall cost of crime, there has been a significant reduction in the number of offences being reported to the police.

British Retail Consortium Director General, Helen Dickinson, said: "Systematic targeting of higher value goods by organised criminals is pushing up the cost of retail crime but the proportion of shoplifting incidents reported to police has plummeted to just one in eight – highlighting just how much there is to do to build retailers' confidence in the way police forces respond.

This year's survey is the most comprehensive since the survey began - attracting responses from 44 retailers, employing 1.4 million staff and representing 58 per cent of the retail sector by turnover. (BRC)  HYPERLINK TO http://www.brc.org.uk/brc_home.asp

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