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Checkpoint Systems: Loss Prevention Solutions In Greater Demand As Shoplifting Levels Rise By A Third

20 Sep 2023

Checkpoint Systems: Loss Prevention Solutions In Greater Demand As Shoplifting Levels Rise By A Third
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Shoplifting in the UK is spiraling out of control with organized retail crime (ORC) being a major factor in rising theft levels and retailers struggling to detect shoplifters.

Checkpoint Systems, a pioneer in advanced electronic article surveillance (EAS) systems and RFID-based inventory management, attributes the crisis to a “perfect storm” of rising living costs driven by inflation, supply chain challenges, and some retailers’ slow adoption of loss prevention technology.

Crime Data Report

Latest police shoplifting data in its Crime Data Report has revealed a total of 190,904 incidents in the first half of 2023, a 34% increase on the same period in 2022 and the equivalent of 525 thefts per day.

Figures show the number of crimes has escalated in every region, with Northumbria Police reporting the biggest increase of 63% from 4,595 in 2022 to 7,490 in 2023. The City of London Police follows with a 35% rise from 283 in 2022 to 328 in 2023. Of all incidents reported from January to June 2023, 51% resulted in the police being unable to identify a suspect, demonstrating the challenges retailers face in tackling the shoplifting pandemic. Additionally, police were unable to prosecute 12% of suspects.

FOI requests

The latest statistics follow a raft of major UK retailers reporting increased theft in their stores

The latest statistics follow a raft of major UK retailers reporting increased theft in their stores. According to Freedom of Information (FOI) requests by The Telegraph, the Big 4 grocers, Sainsbury’s and Tesco, accounted for two-fifths (40%) of overall cases. An analyst at Shopfloor Insights said that the situation is “definitely getting worse”, adding that shopworkers have reported organized theft levels being “off the charts”.

Mike French, Business Unit Director of Checkpoint Systems UK, said: "In the last few years, we’ve seen a significant increase in retailers seeking loss prevention solutions, however, it’s abundantly clear that the UK needs to take a more comprehensive approach to safeguarding businesses’ bottom lines and ensuring business continuity."

Author's quote

Mike French adds, “The latest police data underscores the vital importance of proactive loss prevention measures, and the need for retailers across all sectors to enhance their security efforts further."

He adds, "As we partner with more and more major retailers across the globe, we remain focused on tackling this issue and supporting the sector against all types of shrink and creating safer shopping environments.”

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"Discover Checkpoint Systems' advanced loss prevention solutions to combat rising shoplifting rates. Leverage our RFID inventory management for robust security in the escalating retail theft crisis."

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