Centre for Retail Research - Nottingham UK
 Blackburn House,Brake Lane,Newark,Notts,NG22 9HQ
                             Mar 13, 2010
 Home
 About Us
 Latest Research
 Reports & Briefings
 Retail Crime+Fraud
 Global Theft Barometer
 Conferences
 Contact Us
   
   
 

Global Retail Theft Barometer

global retail theft barometerKey results from the Global Retail Theft Barometer

[Bamfield, J. (2007) Global Retail Theft Barometer, Nottingham: Centre for Retail Research.]

The Global Barometer covers 32 countries in North America, Europe and Asia-Pacific. Data has been collected from 820 of the largest retail corporations with combined sales of 447 billion ($948 Bn), representing 16% of European retail sales, 13% North American and 5% of Asia-Pacific sales.

  • Global Retail Theft Barometer Report 2007Total global shrinkage (stockloss from crime or waste expressed as a percentage of retail sales) cost retailers in the 32 countries 49,808 million (US$ 98,630 million), equivalent to 1.36% of their retail sales.
  • Globally, shrinkage and crime rose from 1.34% to 1.36%. One-half of the countries suffered increased shrinkage, although Asia-Pacific retailers reduced shrinkage by 4.6%.
  • Retailers in most countries thought customer theft (shoplifting) was their biggest problem, responsible for 42.0% of shrinkage or 20,906 million ($41,504 million). But the US, Canada, and Australia perceived employee theft to be larger than shoplifting.
  • Across the 32 countries, disloyal employees cost 35.2% of shrinkage or 17,464 million ($34,671 million) internal error and administrative failure (e.g. pricing or accounting mistakes) was 16.5% (8,184 million or $16,248 million), and supplier or vendor theft and fraud was 6.3% of shrinkage (3,126 million [$6,207 million]).


sources of Global Retail Shrinkage 2007

  • Retailers apprehended almost 6 million store thieves in 2007, 87.5% of whom were customer thieves and 743,499 were employee thieves. Most employee thieves were apprehended by North American retailers.
  • Global loss prevention costs were 12,890 million ($25,590 million), 0.35% of retail sales. Revenue costs were 8,716 million ($17,303 million) and capital costs 4,174 million ($8,287 million). Security employees accounted for 54.6% of loss prevention spending, while spending on security equipment was 32.4% (4,176 million or $8,290 million).

Global Security Spending 2007

  • The global costs of retail crime, based on the costs of thefts by customers, disloyal employees and suppliers and vendors plus the costs of loss prevention were 54,446 ($108,093) million, equivalent to 142.85 ($283.61) per household.
  • The most-stolen items of retail merchandise within the 32 countries included branded and expensive products: cosmetics and skincare, alcohol, womenswear/ladies' apparel, perfume and fine fragrances, and designerwear. Other highly stolen lines included razor blades, DVDs/CDs, video games and video consoles, small electric items, and fashion accessories.
Global Retail Shrinkage in 2007
   
US Dollars
 
Total Shrinkage 2007
Shrinkage
(as % of sales)
Percentage
Change
All Values in US$ US $ million 2007 2006 2006-2007

NORTH AMERICA
       
Canada 3,630 1.49% 1.43% 4.2%
United States 39,855 1.52% 1.49% 2.0%
Average N.America 43,485 1.52% 1.48% 2.7%
         
ASIA-PACIFIC        
Australia 2,008 1.39% 1.36% 2.2%
India 2,379 2.90% 3.20% -9.4%
Japan 9,643 1.04% 1.09% -4.6%
Singapore 179 1.25% 1.19% 5.0%
Thailand 1,055 1.65% 1.76% -6.3%
Average Asia-Pacific 15,264 1.24% 1.30% -4.6%
         
EUROPE        
Austria
588
0.94%
0.96%
-2.1%
Belgium/Luxembourg
1,106
1.33%
1.28%
3.9%
Denmark
500
1.2%
1.24%
-3.2%
Finland
567
1.32%
1.34%
-1.5%
France
6,326
1.34%
1.29%
3.9%
Germany
6,681
1.1%
1.07%
2.8%
Greece
712
1.36%
1.33%
2.3%
Iceland
37
1.00%
1.06%
-5.7%
Ireland
596
1.33%
1.25%
6.4%
Italy
4,201
1.23%
1.24%
-0.8%
The Netherlands
1,607
1.24%
1.2%
3.3%
Norway
587
1.26%
1.29%
-2.3%
Portugal
489
1.31%
1.34%
-2.2%
Spain
3,602
1.28%
1.29%
-0.8%
Sweden
861
1.32%
1.32%
0.0%
Switzerland
799
0.96%
0.92%
4.3%
United Kingdom
7,621
1.34%
1.33%
0.8%
Average
Western Europe

36,880

1.25%

1.23%

1.3%
Czech Republic
490
1.41%
1.42%
-0.7%
Hungary
458
1.36%
1.38%
-1.4%
Poland
1,596
1.34%
1.32%
1.5%
Slovakia
176
1.36%
1.4%
-2.9%
Baltic States
281
1.42%
1.32%
7.6%
Average
Central Europe

3,001

1.36%

1.35%

1.0%
Average Europe
39,881
1.26%
1.24%
1.6%
 
Average Global
98,630
1.36% 1.34% 1.5%

 

 

 


< to Crime & Fraud

 design by chant4 home : about us : latest research : reports & briefings : retail crime+fraud :
global theft barometer : conferences : contact us
   top ^^