As we have started to gather statistics for our 32nd Annual Retail Theft Survey, I thought I would share with you some additional shrink and theft stats from our 31st Annual Retail Theft Survey.
Shrink Trend 2018:
. 55.0% (11 of 20 retailers) had an increase in company shrink.
. 35.0% (07 of 20 retailers) had a decrease in company shrink.
. 10.0% (02 of 20 retailers) had no change in company shrink.
Average Case Value 2018:
. All Retail Thefts: $408.77, up 17.03% from 2017.
. Shoplifting: $301.97 up 11.76% from 2017.
. Dishonest Employees: $1,361.37 up 30.06% from 2017.
Shoplifting Apprehensions 2018:
. 40.0% (08 of 20 retailers) had an increase in apprehensions.
. 50.0% (10 of 20 retailers) had a decrease in apprehensions.
. 10.0% (02 of 20 retailers) had no change in SL apprehensions.
Shoplifting Apprehension Recovery Dollars 2018:
. 50.0% (10 of 20 retailers) had an increase in recovery dollars.
. 40.0% (08 of 20 retailers) had a decrease in recovery dollars.
. 10.0% (02 of 20 retailers) had no change in recovery dollars.
Dishonest Employee Apprehensions 2018:
. 35.0% (07 of 20 retailers) had an increase in apprehensions.
. 60.0% (12 of 20 retailers) had a decrease in apprehensions.
. 05.0% (01 of 20 retailers) had no change in DE apprehensions.
. 1 out of 40 employees was apprehended for theft from their employers in 2018.
Dishonest Employee Apprehension Recovery Dollars 2018:
. 60.0% (12 of 20 retailers) had an increase in recovery dollars.
. 35.0% (07 of 20 retailers) had a decrease in recovery dollars.
. 05.0% (01 of 20 retailers) had no change in recovery dollars
Unaccounted-for Theft Losses:
. For every $1 recovered by our survey participants, $12.79 was lost to retail theft. Therefore, only 7.8% of total retail theft loses resulted in a recovery.
(Note: Statistics for our 31st Annual Retail Theft Survey can be found on our website at: https://hayesinternational.com/news/annual-retail-theft-survey/
There is also a downloadable and printable PDF version of the survey which contains some thoughts behind the numbers.) $
