Global Costs of Retail Crime

Global Theft Costs Retailers and Consumers US$104 Billion Annually

By Jim Kouri —— Bio and Archives--November 27, 2008

Guns-Crime-Terror-Security | Comments | Back To Full Article

The level of global retail theft reached $104.5 billion in the past year, leading to increased costs for both retailers and consumers alike. The second annual Global Retail Theft Barometer found that while global retail shrinkage as a percentage of total sales has declined slightly in the past 12 months, the overall cost of retail crime has increased substantially.

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