Survey: More Shoplifters, Dishonest Employees Are Stealing from U.S. Retailers -- Security Today

Survey: More Shoplifters, Dishonest Employees Are Stealing from U.S. Retailers

Jun 18, 2013

Just 23 major retailers apprehended more than 1.1 million shoplifters and dishonest employees and recovered more than $189 million from these thieves in 2012, according to the 25th Annual Retail Theft Survey conducted by Jack L. Hayes International, a loss prevention and inventory shrinkage control consulting firm.

“In 2012, shoplifting apprehensions increased 7.4 percent and the recovery dollars from shoplifters increased a amazing 22.7 percent". Dishonest employee apprehensions and recovery dollars also increased in 2012, 5.5 percent and 7.0 percent respectively", said Mark R. Doyle, President of Jack L. Hayes International. "It should be noted that these increases follow similar increases reported the previous year The seriousness of retail theft is a much greater problem than many people realize. These theft losses are stealing profits from retailers and driving retail prices higher for the consumer."

Highlights from thisannual theft survey include:

Participants: 23 large retail companies with 18,900 stores and more than $596 billion in retail sales (2012).

Apprehensions: 1,145,688 shoplifters and dishonest employees were apprehended in 2012, up 7.3 percent from 2011.

Recovery Dollars: More than $189 million was recovered from apprehended shoplifters and dishonest employees in 2012, up 18.1 percent from 2011.
Shoplifter Apprehensions: 1,074,593 shoplifters were apprehended in 2012, up 7.4 percent from 2011.
Shoplifter Recovery Dollars: Over $138 million was recovered from apprehended shoplifters in 2012, an increase of 22.7 percent from 2011. An additional $46.8 million was recovered from shoplifters where no apprehension was made, up a significant 25.2 percent from 2011.
Employee Apprehensions: 71,095 dishonest employees were apprehended in 2012, up 5.5 percent from 2011.
Employee Recovery Dollars: More than $50 million was recovered from employee apprehensions in 2012, up 7.0 percent from 2011.
One out of every 40 employees was apprehended for theft from their employer in 2012. (Based on over 2.8 million employees.)
On a per case average, dishonest employees steal approximately 5.5 times the amount stolen by shoplifters ($715.24 vs $129.12.)

For full survey results visit our website at: http://www.hayesinternational.com.

Featured

UL Solutions Launches Artificial Intelligence Safety Certification Services

UL Solutions Inc., a global leader in safety science, today announced the launch of artificial intelligence (AI) safety certification services, enabling comprehensive assessments for evaluating the safety of AI-powered products. Read Now
- Artificial Intelligence
Ransomware Attacks Rise for the First Time in Six Months

Ransomware attacks have risen for the first time in six months, increasing by 28% month-on-month to 421 attacks. While overall attack volume remained below 500, the uptick may signal a renewed escalation heading into the year’s most active period for cyber criminals. Read Now
- Cybersecurity
Report: 47 Percent of Security Service Providers Are Not Yet Using AI or Automation Tools

Trackforce, a provider of security workforce management platforms, today announced the launch of its 2025 Physical Security Operations Benchmark Report, an industry-first study that benchmarks both private security service providers and corporate security teams side by side. Based on a survey of over 300 security professionals across the globe, the report provides a comprehensive look at the state of physical security operations. Read Now
- Guard Services
Identity Governance at the Crossroads of Complexity and Scale

Modern enterprises are grappling with an increasing number of identities, both human and machine, across an ever-growing number of systems. They must also deal with increased operational demands, including faster onboarding, more scalable models, and tighter security enforcement. Navigating these ever-growing challenges with speed and accuracy requires a new approach to identity governance that is built for the future enterprise. Read Now
- Cybersecurity
Eagle Eye Networks Launches AI Camera Gun Detection

Eagle Eye Networks, a provider of cloud video surveillance, recently introduced Eagle Eye Gun Detection, a new layer of protection for schools and businesses that works with existing security cameras and infrastructure. Eagle Eye Networks is the first to build gun detection into its platform. Read Now
- Active Shooter

Security Today eNews

Sign up today for essential industry news and product information that can help you stay afloat in the fast-paced world of security.

Email Address*Country*

Please type the letters/numbers you see above.

Webinars

Whitepapers

New Products

Compact IP Video Intercom

Viking’s X-205 Series of intercoms provide HD IP video and two-way voice communication - all wrapped up in an attractive compact chassis.
Camden CV-7600 High Security Card Readers

Camden Door Controls has relaunched its CV-7600 card readers in response to growing market demand for a more secure alternative to standard proximity credentials that can be easily cloned. CV-7600 readers support MIFARE DESFire EV1 & EV2 encryption technology credentials, making them virtually clone-proof and highly secure.
QCS7230 System-on-Chip (SoC)

The latest Qualcomm® Vision Intelligence Platform offers next-generation smart camera IoT solutions to improve safety and security across enterprises, cities and spaces. The Vision Intelligence Platform was expanded in March 2022 with the introduction of the QCS7230 System-on-Chip (SoC), which delivers superior artificial intelligence (AI) inferencing at the edge.