Reality Check on Retail Crime as it Reaches 10 Year High
Amthal Fire & Security is urging retailers to pay extra attention to security on site, following latest industry figures revealing the highest crime rates the sector has seen in 10 years.
The British Retail Consortium (BRC) annual retail crime survey defies a wider trend of falling crime, with a 36% rise in the money lost in shop figures, and a total of three million crimes in the sector, directly adding £603m to retailers' costs in 2013-2014.
Says Paul Rosenthal, Sales Director at Amthal Fire & Security: "The research leaves no doubt that theft, a crime which has always affected retailers, continues to have a significant impact on the sector.
"With the highest figures in a decade recorded, we endorse the words of Deputy Chief Constanble Sue Fish, the National Policing Lead for Retail Crime, who urges stores to have the right security and working practices in place and heed advice to prevent them from being targeted.
"Simple and cost effective measures such as installation of alarms and CCTV can make a significant difference, not only to enhance the retail environment and create a safe place to work and shop, but also to improve efficiencies, access control and provide 24/7/365 peace of mind."
The latest BRC report shows the insider threat is a major source of theft, with the victim's employees accounting for 6% of the overall figure. The cost of retail fraud also rose, growing by 12% and accounting for nearly 40% of the total as shops' virtual shop fronts become increasingly enticing targets for criminals.
To read the BRC report, please click here
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