Shoplifters love shoes – store theft surges and shoes are top item
Bad news for retailers ahead of the Christmas trading season – theft is on the rise and clothing stores suffer more than any others. The amount lost to retail ‘shrinkage’ (you know, supplier fraud, employee fraud, simple ol’ fashioned shoplifting, and admin errors) was $1.234bn globally in 2014-15. It accounted for almost 2% of revenue…