shoplifting costs £4.4bn

lemonjelly

http://www.bbc.co.uk/news/uk-11571022

IIRC that is more than benefit fraud!:eek:

If the downturn persists, & peoples pockets are squeezed further, I can only see this getting worse. Which will be an added margin for retailers, and no doubt the insurers will push up their prices too.

bendix

Sharia law, anyone?

poppingjay

lemonjelly wrote: »

http://www.bbc.co.uk/news/uk-11571022

IIRC that is more than benefit fraud!:eek:

If the downturn persists, & peoples pockets are squeezed further, I can only see this getting worse. Which will be an added margin for retailers, and no doubt the insurers will push up their prices too.

I don't know how the high street manages to make a profit, the poor loves

They were talking about this on the radio today and isn't it something like a third of pilfering is done by staff? I'm naturally a bit suspicious of big business and I'll think they'll relish the opportunity justifiably put their prices up or they'll simply reduce their costs by out-sourcing to even poorer countries and recruiting slave labour.

Generali

poppingjay wrote: »

I don't know how the high street manages to make a profit, the poor loves

...they'll simply reduce their costs by out-sourcing to even poorer countries and recruiting slave labour.

It's tough for a retail firm to do that. Are you going to take your groceries to Tesco in Bangalore?

bendix

poppingjay wrote: »

I'm naturally a bit suspicious of big business and I'll think they'll relish the opportunity justifiably put their prices up or they'll simply reduce their costs by out-sourcing to even poorer countries and recruiting slave labour.

What does this even mean? It's just white noise, when you break it down into component parts.

You're posting in sentimental slogans rather than solid arguments.

tomterm8

So, shoplifting is down 5.8%, during a year when we were in the worst recession since the 1970's. Despite the spin, by the BBC it is actually surprisingly good news.

lostinrates

poppingjay wrote: »

I a third of pilfering is done by staff? I'm naturally a bit suspicious of big business....

seems like big business should be suspicious itself, with the consumer always looking for best deals, and staff walking out with more than their pay it seems very justifiable indeed.

poppingjay

bendix wrote: »

What does this even mean? It's just white noise, when you break it down into component parts.

You're posting in sentimental slogans rather than solid arguments.

Sentimental.... yes maybe i am thank god for that, because I'm not ready to become a machine head just yet, so I'm sorry if the passion in my comments detracted from my point but I thought my post was clear? If businesses can get away with putting their prices up they will, often in collusion with each other.

I also haven't noticed the supermarkets or the high streets doing much to support British industry, manufacturing or agriculture.

The amount they save by importing cheap good in should more than offset any amount that is shop lifted.

Maybe on the packaging/clothes labels, they should put travelling distance, cost to produce, mark up and the wages of the poor sod that produced it.

poppingjay

Generali wrote: »

It's tough for a retail firm to do that. Are you going to take your groceries to Tesco in Bangalore?

The goods are probably imported from Bangalore, that was the point I was trying to make

nicko33

poppingjay wrote: »

The amount they save by importing cheap good in should more than offset any amount that is shop lifted.

It's not obvious (to me anyway) from the report, what this 4.4bn is.

How much it costs the retailer the get the goods, or the total retail price of the goods stolen. "Worth of goods" sounds like they're using retail price.

mostlycheerful

Yes, there's a lot shoplifting, it's a common problem.