More Shoplifters and Dishonest Employees Are Stealing
Profits From U.S. Retailers According to 25th Annual
Retail Theft Survey by Jack L. Hayes International
Wesley Chapel, FL – Just 23 major retailers
apprehended over 1.1 million shoplifters and dishonest
employees and recovered over $189 million from these
thieves in 2012, according to the 25th Annual Retail
Theft Survey conducted by Jack L. Hayes International,
the leading loss prevention and inventory shrinkage
control consulting firm.
“In 2012, shoplifting apprehensions increased 7.4% and
the recovery dollars from shoplifters increased a
amazing 22.7%". Dishonest employee apprehensions and
recovery dollars also increased in 2012, 5.5% and 7.0%
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!" Mr. Doyle added, "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 this highly anticipated annual theft
survey include:
• |
Participants: 23 large retail
companies with 18,900 stores and over $596
billion in retail sales (2012). |
• |
Apprehensions: 1,145,688
shoplifters and dishonest employees were
apprehended in 2012, up 7.3% from 2011. |
• |
Recovery Dollars: Over $189
million was recovered from apprehended
shoplifters and dishonest employees in 2012, up
18.1% from 2011. |
• |
Shoplifter Apprehensions:
1,074,593 shoplifters were apprehended in 2012,
up 7.4% from 2011. |
• |
Shoplifter Recovery Dollars:
Over $138 million was recovered from apprehended
shoplifters in 2012, an increase of 22.7% from
2011. An additional $46.8 million was recovered
from shoplifters where no apprehension was made,
up a significant 25.2% from 2011. |
• |
Employee Apprehensions:
71,095 dishonest employees were apprehended in
2012, up 5.5% from 2011. |
• |
Employee Recovery Dollars:
Over $50 million was recovered from employee
apprehensions in 2012, up 7.0% 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:
www.hayesinternational.com
Contact:
Mark R. Doyle, President
(813) 991-5628
mrd@hayesinternational.com
|