Recession Sparks Global Shoplifting Spree
By BRUCE CRUMLEY / PARIS Bruce Crumley / Paris – 2 hrs 8 mins ago
The global recession isn't just making jobs scarce and spending money tighter - it's also turning more people into thieves. According to an annual survey released Tuesday, incidents of shoplifting rose by nearly 6% over the past year, representing nearly $115 billion in losses for businesses.
And one of the more surprising findings: a growing number of new shoplifters are outwardly reputable, middle-class people who are walking off with French cheeses, quality meats, cosmetics, mobile phones, clothing and other goodies that they feel they need to maintain a quality of life they can no longer afford. (See pictures of people shopping on Black Friday.)
"People already feeling, or merely anticipating, the negative impact of recession have taken to stealing ... at the very time retailers also suffering from the downturn have had to cut back on security staff," says Joshua Bamfield, director of the Britain-based Center for Retail Research, which documented the findings in its annual Global Retail Theft Barometer.
"In addition to the usual criminals, you have lots of newcomers to stealing who figure they don't run much risk at getting caught, won't pay much of a price if they are and justify their action on the hard times we're all facing."
The researchers found that shoplifting - or what's euphemistically known as product "shrinkage" - jumped by 5.9% in the past year at the more than 1,000 retail chains the group surveyed globally. In previous years, the increase only hovered around 1.5% annually.
Though the problem was documented across all regions, the steepest increases occurred in North America (8.1%), the Middle East (7.5%) and Europe (4.7%). In terms of total losses, retailers in North America topped the charts at $46 billion, followed by Europe's $44 billion and $17.9 billion in the Asia-Pacific region. In North America and Latin America, store owners and employees were the leading pilferers; in Europe, Asia and the Middle East, it was customers who were swiping the most loot.
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