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India tops retail shrinkage rate; global theft down 5.5 per cent

Indiaretailing Bureau -
Even as global retail theft has shown a 5.5 per cent decline from the previous year, India has topped the list in the ‘retail shrinkage’ rate. This has come out in a study, sponsored by Checkpoint Systems, which monitored...
Retail

Recession ‘fuels UK shoplifting’

Indiaretailing Bureau -
Shoplifting has surged to record levels in the UK, fuelled by the recession, according to a study.The value of retail goods stolen rose 20% to £4.88bn in the year to June, the Centre for Retail Research said. The UK...
Retail

India tops retail shrinkage survey chart

Indiaretailing Bureau -
India has been rated first on the retail theft parameter in Asia-Pacific countries, said the second annual Global Retail Theft Barometer-2008 survey. The survey, conducted among 920 large retailers across 36 countries by Centre for Retail Research, has find...
Retail

Retail thefts touch US dollars 98.6 billion

Indiaretailing Bureau -
Retailers in 32 countries suffered losses estimated at US$98.6 billion says a finding by Centre for Retail Research with the parameter for measuring the crime including shoplifters, disloyal employees, suppliers and vendors, as well as the cost of crime...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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