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Global Retail Theft Barometer

Upping Retail Security

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...

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

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...

Recession ‘fuels UK shoplifting’

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 thefts touch US dollars 98.6 billion

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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