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Global Retail Theft Barometer

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Upping Retail Security

Nivedita Jayaram Pawar -
According to the Global Retail Theft Barometer (GRTB) study, India with 2.7 percent of retail shrinkage ranks the highest in the world. The corresponding global figure is 1.36 percent, almost half of the Indian figure. In this scenario, simply...
Retail

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

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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In FocusAbhisar Narula -

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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