{"id":2605,"date":"2021-12-01T09:25:07","date_gmt":"2021-12-01T09:25:07","guid":{"rendered":"https:\/\/www.bacsecurity.com\/?p=2605"},"modified":"2021-12-01T10:03:02","modified_gmt":"2021-12-01T10:03:02","slug":"retail-theft-at-christmas-how-to-protect-your-business","status":"publish","type":"post","link":"https:\/\/www.bacsecurity.com\/retail-theft-at-christmas-how-to-protect-your-business\/","title":{"rendered":"Retail Theft at Christmas – How to Protect Your Business"},"content":{"rendered":"\t\t
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\"Retail
Retail Theft increases during the Christmas period<\/figcaption><\/figure>

Christmas is supposed to be a time of joy, goodwill and cheer but for a lot of retailers, it is quite the opposite. As the shops get busier and demand gets higher, there are some people who will take advantage of this for their own gain. We\u2019re talking about shoplifters and thieves.<\/p>

At this incredibly busy time of year, business owners have enough on their plates without the added stress of having to worry about an increase in theft. There are ways that you can reduce the likelihood of your business falling victim to theft but before you can do this, it is important to understand the potential impact that these types of crimes can have on the retail sector.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Retail Theft Facts And Figures<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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It has been reported that UK retailers collectively lost around \u00a31 billion<\/a> in 2012 at Christmas time because of theft and related issues. That is a shocking amount of money but what a lot of people don\u2019t realise is that the financial loss doesn\u2019t end with businesses. In fact, this impact could be seen in the expenses of families at Christmas with each UK family having had to spend a further \u00a338 over the festive season as a direct result of these crimes. As if Christmas wasn\u2019t expensive enough already!<\/p>

But when we fast forward, it isn\u2019t difficult to see that these figures have only grown over time. By 2019, a shocking \u00a35.5 billion <\/a>was lost to shoplifting in the UK alone over the festive period. The cost to the average UK customer skyrocketed to \u00a378 each! This is based on what is known as shrinkage, a figure used to show what should have been earned compared to what was earned, therefore demonstrating the financial loss.<\/p>

What is even more disturbing is that shoplifting and general theft rates increase dramatically over the Christmas period so businesses need to be even more eagle-eyed than they are over the course of the rest of the year. Shockingly, many of these retail crimes are no longer simply swiping a product and leaving the store. In one year alone, more than 41,000 violent incidents were reported against retail staff, leaving many people too frightened to go to work. With a loss of staff, it doesn\u2019t take us to explain the financial impact that might have on a business!<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Types Of Theft At Christmas<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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When you think of theft in a retail situation, it is easy to assume that there is only one type when in reality, there are several ways that criminals are exploiting businesses over the festive period. As a business owner, it is vital that you are aware of how your company might be affected. Without this knowledge, it would be impossible to even begin to attempt finding a solution.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Retail Theft<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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