Retail theft is soaring even as the holiday shopping season is fast approaching. With losses exceeding billions of dollars across Europe and US, the situation is looking perilous – for retail players large and
Shoplifting in the UK is spreading like wildfire. With an average of 1300 offenses reported per day in 2024, retail crime is up by 29% as compared to the previous year. The average
The UK government, law enforcement, and the retail industry are searching for ways to curb the worrying rise in retail theft, which now runs into billions of dollars in losses for retail companies
UK is reeling under a wave of shoplifting – at an average of 1000 incidents per day, crime rates are growing exponentially, costing the industry billions of pounds in losses. Irrespective of the size
The Retail industry in the UK is in a bind – even as retail shrinkage is soaring, privacy regulations such as GDPR are preventing retailers from sharing valuable information on theft patterns and offenders.
